Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s): MSNVF

Industrials Aerospace & Defense

Mission Ready Solutions Inc. specializes in providing government contracting solutions through its wholly owned subsidiary, Unifire, Inc. (Unifire) Unifire is a small business and an industry manufacturer and distributor fire, military, emergency, and law enforcement products. It has two business segments in the global defense, security, and first-responder markets: consulting and manufacturer representation. It also provides relationship management, product development, acquisition and contracting and sales and marketing support to manufacturers selling to the United States Federal Government. The Protect the Force Innovations (PTFI) division develops, enhances, tests, and pioneers new and advanced technologies relating to defense and personal protection. Its portfolio of defense and security-related products includes Flex9Armor and Tactical Shield Cover. It serves law enforcement, the military, government and other agencies through its various products and services.

TSXV:MRS.H - Post by User

Mission Ready Solutions Inc > Poor gross margins: +/- 5% expected before financing costs

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Comment by old_dogon Sep 23, 2020 1:18pm

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Post# 31604889

RE:Poor gross margins: +/- 5% expected before financing costs

Hiddensecrets wrote: The issue with this company is very simple:

POOR GROSS MARGINS

HIGH FINANCING COSTS

DEBTS ON BOOKS

So say +/- 5% on $ 125 million in lastest contracts means $ 6 million gross margins.

Take some off for financing costs and you are left at say $ 4 million.

Then you have general expenses to account for.

End line, you have very little left and are still stuck with DEBT.

MPO