Australia's largest stock trading and investment forum Australia's #1 stock forum

CDY

Click for more information

1.43%

7.1¢ cellmid limited

You all have the patience of Jobe! Years down the track and the...

First 90 Last

Share
Profile

Follow
grantjo

7,153 Posts.

6

13/11/18

10:35

Post #: 36481933
Share

Originally posted by Taurean7 ↑

A refinement of your calculations, Pharma.

A gross margin of 70% means that cost of goods sold (COGS) is 30% of recorded sales revenue and gross profit is 70% of revenue.

Your example of a wholesale price of $18.00 at a 70% margin would represent a profit of $12.60 obtained at a cost of $5.40 per item.

The AGM Presentation (slide 7) shows FY2018 consumer health revenue of A$5.62M achieved at a COGS of A$2.16M. The gross profit obtained for the financial year therefore was A$3.46M, which represents an average margin of 61.6% of the revenue figure.

Expand

You all have the patience of Jobe! Years down the track and the equivalent SP pre consolidation is worse than ever, Kudo’s for sticking it out year year after year after year after ...

CDY Price at posting: 35.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 21 more messages in this thread...

First 90 Last

Add CDY (ASX) to my watchlist