TTT media, page-68

Nice presentation but skeptical about this one. 69k in sales revenue for the half year not great.

Read this on one of their pages
"The Titomic process can manufacture a Titanium Bicycle frame in Australia in 20 minutes and at a cost of $250 dollars. The cheapest Titanium bicycle frame currently available anywhere in the world is from China and wholesales at $450 (with a gross margin of approx. 30%)"

Max 72 bike frames per day, assuming 100% yield (which is never the case) and 24 hours a day, again hard to pull-off.

Lets say TTT sells at $450, gross profit of $200.
Maximum production 100% yield (24 hours x 60 mins/20mins)= 72 units per day/cycle

Ideal: 72 frames per day x $200 = $14,400 per day
Reality: 21 frames per day (assume yield 30%) x 200 = 4,200

261 working days = ideal gross profit per machine per year $3,758,400
Realistic gross profit per machine $4,200 x 261 = $1,096,200

Then you have to pay all the high wage technical staff to operate machine and fix it, when it breaks down.

This analysis doesn't take into account any post processing/labour required to get the bikeframes in a sellable state.
I'm also assuming they can sell for $450 and the COGS is truly $250 for materials ctc.

Sounds like its preety tough unless the machine is really as productive as Titomic claim or that $250 figure includes labour.