GREY:ARDWF - Post by User
Comment by
dsarkon May 23, 2016 12:34pm
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Post# 24897553
RE:RE:RE:CAPTIVA VERDE ANNOUNCES RECORD PRODUCTION
RE:RE:RE:CAPTIVA VERDE ANNOUNCES RECORD PRODUCTION They made 1.7M in revenue in 2 weeks. Last year the company had about $4M in operating costs. I'm sure these are not all fixed costs but let's assume they are. They would need a gross profit of $4M to break even. At a 35% gross profit margin, we need 11M in revenue to break even.