MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Half Yearly Report and Accounts, page-7

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  1. 1,595 Posts.
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    I think the real kicker is $103 million in accumulated losses since inception... What concrete revenues are there to show for it?

    It's kind of nuts that a company with 6 employees has a ''payments to employees and suppliers'' expense of (cash) $2.4 million. Given the nature of the business I doubt even 5% of that was paid to suppliers. Suppliers for what? Office supplies?
    Last edited by anf0: 08/03/19
 
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