Well Marcellus
Where is the cash going to come from???
The issue for years is that expenses keep increasing faster then the revenue.
Income increased by 35% to $1.925m or $481k per qty last year. But the loss also increased 30% from $458K to 597K.
Now this year sales for the first qty were $451k which is down on the last years average but staff costs for the same period were up by 30% from 161k to 212K .
Ann: Company Announcement - The Seydel Companies, page-14
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