Yeah fair enough. Guess I am just disappointed after a adjusted my estimates.
Current assumptions are 9% QoQ growth @21% gross margin and fixed costs of about $2.8m per year.
7% PA return on investment is about $1.1 to 1.2c
Regardless, I tried to reconcile their COGS vs inventories vs revenue and it just doesn't make sense. Appears to be quite literally 0% gross margin.
Paper loss/Profit, page-16
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