RE:RE:video The first 2 tranches of the 3,000 unit order will not even produce positive gross margins...
The Company has received full payment for an initial 93 HydraGEN™ HG-2 Units for delivery commencing immediately. A further 140 HydraGEN™ Units are expected to be delivered by July 30th 2023 and 750 units to be delivered by September 30th 2023. Further delivery of the remaining units beyond September 30th 2023 are to be mututally agreed upon by both Bristol & Bristol and dynaCERT.
lscfa wrote: Payne says co. has 50% gross margins but this is not confirmed in financials...
| Revenue | Cost of goods | Gross Margin | Units sold |
Q1 23 | 73,075 | 281,612 | (285.4%) | |
Q4 22 | 885,197 | 611,364 | 30.9% | 112 |
Q3 22 | 69,088 | 385,808 | (458.4%) | 9 |
Q2 22 | 97,148 | 717,887 | (639.0%) | 5 |
Q1 22 | 97,628 | 574,991 | (489.0%) | 15 |
Q4 21 | 200,223 | 1,834,354 | (816.2%) | 60 |
Q3 21 | 92,484 | 112,042 | (21.1%) | 5 |