RE:Been looking at the financials thoroughlyOuthere wrote: I can say with confidence the revenue for this past quarter will come in around $25mm, give or take 10%.
If you're looking for something meaninful higher than that you're confused. Their rev last quarter was $13mm. Their total investory was $34mm. We know they didn't sell out of all their stock, so that said, you can make an assumption that at 80%, that'll put them roughly at the $25mm level.
Folks who are saying $50mm or greater and simply smoking too much of that broken coast.
Where did you learn to read a balance sheet? The inventory is posted at production cost . They don't sell it at the same cost they produce it at. To get revenue you have to tack on their margin which is close to 60%. If they sold all $35M in inventory their revenue would be $87M. If the sell just 60% of their inventory they will be over $50M