TSXV:MRS.H - Post by User
Comment by
Ermotton Jun 20, 2019 7:44am
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Post# 29843164
RE:RE:RE:Sales projected $ 235 million- 2019 / $ 392 million - 2020
RE:RE:RE:Sales projected $ 235 million- 2019 / $ 392 million - 2020It sounds like some of the newbies need to do some dd. That would involve NOT relying on sleazebag pumpers from here or the other board. To put it simply, MRS and the other prime vendors compete to supply the DLA ( logistic agency) with supplies which MRS and the other prime vendors must ( once they win the contract) buy from the supplier and then resell at a small markup to the DLA. For their efforts the DLA pays them a distribution fee. We do not know at this time what kind of profits MRS is making. Some pumpers have claimed well over 10% and others suggest less than 5%. So its probably somewhere inbetween. This would be the profit they make on these contracts but not including MRS other expenses such as wages, interest payments, taxes etc. So if they have 100 million in DLA contracts, their profit may be in the 2- 15 million dollar range, depending on the margins. What they have left over after all other expenses are considered will be somewhat less.