"Given ECS is expanding quickly, I'm inclined to think it's making gross profit look worse at the moment. This is because there are far more growing expenses being realised each new period due to the increase in cultivation. So the company is taking a heavier hit upfront on COGS prior to the increased revenue flowing through in a later period."
This is mainly what i was talking about Was. Accumulating during this period of development/expansion after-which the curve on the gross profit graph should be looking delicious.
"Given ECS is expanding quickly, I'm inclined to think it's...
-
- There are more pages in this discussion • 658 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $23.19M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $29.40K | 1.703M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2000000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 888255 | 6 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ECS (ASX) Chart |