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09:45
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Originally posted by whytee:
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If you want a back of the envelope method of determining the potential earnings, then it's (total revenue for 2023- total revenue for 2022). That will be around $20m or so. That $20m is being poured back into hiring new sales people, R&D, trials and expansion of the manufacturing plant. If they didn't do any of that then they would have made a profit of $20m.
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great comment. Mr Williams gets a mention in the Australian newspaper today as an advisor to BUBS the infant milk company. I hope it does not take too much of his valuable time. Our CEO is based or stranded in the USA which is not a bad thing as its where the action is.
(20min delay)