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0.3¢ uuv aquabotix ltd

Sales staff - you mean part time relatives? They still there?...

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Teddyward

5,445 Posts.

160

15/03/18

00:44

Post #: 31762822
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Originally posted by Nomadic_Investor ↑

These are the gross profit figures as opposed to revenue, right?

My concern was with the revenue coming in basically as low as it did back in 2014 (750k-odd vs 725k). Profits I can look past if they're introducing new tech and building up economies of scale that eats into their COGS, and net profit as well I can look past due to the costs you mention. But for the revenue to be so far down on last year, and indicating we've made little sales progress in 3 years despite all the distributorships and sales staff at hand, it's very concerning in my view. That said, not much to salvage selling at these levels, which is the only reason I hold.

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Sales staff - you mean part time relatives? They still there? What about interns .

hmmmm.

Last edited by Teddyward: 15/03/18

UUV Price at posting: 6.6¢ Sentiment: None Disclosure: Unspecified
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