Oh dear, The problem is Jazzy that the figure of 1 million...

Oh dear,

The problem is Jazzy that the figure of 1 million posted by you was totally incorrect, let's take a look at it.

"So cost is 40 cents and sale is $1......150% margins(I've never recalled 150% margins).....and 1 million units per annum........wow "impressive"

https://hotcopper.com.au/posts/24811503/single

Not only do you not correctly understand margins and stuffed that figure up totally, you also presented the figure of 1 million units, I don't believe anyone else even mentioned 1 million units, so if your going to have a shot at anyone else for not getting things correct (even though pinto did get it correct), you had better take care of your own backyard first!

I wonder who's information is unsubstantiated!

Our margins are growing extremely quickly for a business that's only just started commercialisation and with these huge revenue streams that are still rising and with CFN expect in the next month or two, things are really going great, I will be buying some more in the short term because our potential has grown considerably over the last few months.

It's great not to have a worry in the world when it comes to my future through Alexium, a fantastic company with massive upside potential, and that's on top of these massively growing revenue streams!

A discrete figure for quarterly revenue is not given, although it is stated that this “grew 425% over the same period in the prior year”. My estimate (shown on chart below) is that the relevant revenue figure for 1Q16 was $2.38M, so an increase by a factor of 425% would mean 1Q17 revenue was $10.1M as shown (or $12.5M if this was an absolute increase). Around $6M of this amount would have derived from Recurring Revenue.




I think I'll go and have a nice relaxing beer!

Cheers.