Back of the envelope calculations here
If you work on a 50% profit margin, $3.6m fixed expenses other than manufacturing you can roughly estimate breakeven at $10.5m annually or at a run rate of $2.65m.
If we are going to break even then this is the year. The supply chain is built and ready to increase x5 when ready. We just need sales to continue and by all measures demand is growing rapidly.
Breakout today, page-94
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Mkt cap ! $11.05M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $89.07K | 10.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 17792133 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1150000 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.8¢ | 4512788 | ||
| Last updated 14.52pm 17/06/2024 ? | |||||
| CCO (ASX) Chart |
