- November 2012 Presentation: 34 employees - Aug 13: 37 employees. - Nov 13: 42 employees - Feb 14: 48 employees. - Second Half year ended June 2013: sale revenue is $6.46 million. - First HY ended Dec13: revenue is $9.54.
From the above number, I made assumptions of revenue per employee for FY2013 and FY2014 as below:
FY2013: 35 employees for Revenue of $12.2m or $348,571 generated per personnel.
FY2014 (ended June14): 46 employees 1/ At $20m revenue: sale per staff is $434,782. 2/ At $25m revenue: $543,478/staff.
Overall: 2014 will be a Big improvement on 2013 despite MBE employing more staffs.
It is always good when a company hire more staffs to expand.
It is even better when you can see revenue generated per staff is getting bigger in dollars value and most importantly the company is now delivering pre-tax profit to its businesses.
MBE Price at posting:
29.5¢ Sentiment: None Disclosure: Held
