RE:RE:RE:RE:My reason to buy CZO! PBaelish has absolutely no understanding of this....
300T includes oat oil, beta glucan, and avenanthramide. Oat oil is fairly low margin. Beta glucan is significantly lower than avenanthramide in margin. The 20T order in Q1 was all avenanthramide which is CZO's highest margin product. PBaelishh wrote: Gotta love teamwork!
Soooo....
- With 2022 being $18.8 million in sales and assuming 300T in 2022
- 20T = 6.67% of 300T
Therefore, we can infer that the equation to get to what 20T represents in revenue is:
$18.8 million x 6.67% = $1,250,000
So bascially nothing... CZO's Q1 revenue is nothing relative to 2022 - even the 1st three Qs of 2023!
The new "de-risked" (?!! haha) base business is headed for $5,000,000 for all of 2024!
PBaelishh