RE:RE:Been looking at the financials thoroughlynext time, no need to refute someone with something that most of us are already aware of. It's real easy for one to put up random figures for unsuspecting minds to take heed because they think, "oh no, it's really $$ and that $$, so it must be true oh my f(u)cking g0d". This is exactly what happened to the losers who got scared on Dec 4 and fled.
to Outhere, are you APHA's f(u)cking auditor?
jayjay2020 wrote: Outhere 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