ZNO 0.00% 2.3¢ zoono group limited

Zoono looking for a BDM in India, page-21

  1. 22,649 Posts.
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    ZNO don't need any funds to expand, the biggest restriction would be the CEO's time signing new deals.
    They have sufficient current capacity & are looking to add further in the UK, all of which is outsourced.
    Gross margins of around 60-70% & customers pay in advance, which means for every order received they can buy twice as much product as required to fill order.
    CEO is not the sort of person to raise funds that aren't required, shown by how he paid a supplier with his own shares rather that diluting shareholders.
    Also it's not as if they are going to takeover any companies to expand.
 
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