sales into Aust were US$1.91m. so that's about A$2.42m. that's...

sales into Aust were US$1.91m.
so that's about A$2.42m.
that's since launch in Feb 2017. so that Aust sales of A$2.42m in about 5 mths!
the downrampers will tell you all sorts of things, but by any stretch that's a very good result.

gross margin company wide is 55%
I suspect the margin is less for Aust sales, because of shipping.
My understanding is that Universal pay for freight to Aust.
U/C pay YOW upfront for purchases.
But I reckon YOW would have a margin of at least 30%+ FOB?

the mkt can keep knocking the crap out of the SP - because I am topping up, because the closer it gets to cash backing, the more certainty it will get taken over.