When you stick to the facts opposed to hope and dreams then you can report that the last QRT results were as follows; Gross Sales $1.724m ,(revenue is lower, but I give you the upside)
The cash burn for the quarter was $2.33m. If we annualise this out it we come to, Gross Sales $6.9m
COS of sales running at 68%. Thus GM is 2.2m.
From QRT 1 actual figures we can see that Admin, staffing and Mkt/Advert is $1.3m per QRT, annualise this to $5.2m. On that basis the joint will have a loss of approx $3m this year at least. Given that MKT expenses will rise steeply to build some market share of the small GOAT section that is available, losses will me more likely around the $4m.
So that are the facts and all the bla, bla, bla's wont alter that.
Bubs share price climb higer than A2M is not a dream, page-219
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