Many of the costs associated with production at these levels are largely fixed. Margins should be increasing now that more of the sales are coming from in-house e-commerse. If we assume costs are fixed CCO needs to increase revenue by about 70%, 90% with increased production costs. So its a pretty simple equation. How long will it take CCO to increase revenue by lets make it an even 100%. It was 54% percent this quarter, so if they can keep that growth up that means 1.5 quarters to break even, then profitability. There is a real possibility that they will get there by the end of the financial year.
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Many of the costs associated with production at these levels are...
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Mkt cap ! $5.913M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $579 | 115.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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9 | 12777608 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 25944025 | 23 |
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No. | Vol. | Price($) |
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9 | 12777608 | 0.004 |
17 | 21392376 | 0.003 |
10 | 30900000 | 0.002 |
4 | 48600999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 25944025 | 23 |
0.006 | 17100759 | 20 |
0.007 | 8601510 | 6 |
0.008 | 539973 | 1 |
0.009 | 2428100 | 2 |
Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last updated 14.22pm 01/05/2024 ? |
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