RE:RE:RE:RE:RE:Great video! So,!lasr year's selling, general and administrative costs were around $30 million.
This latest $27 million contract will be earned over 3 years. We don't know what the gross margin is.
The US navy ship contracts include $11.5 million for ships that will take sail in 2029 and 2033 or something like that. Again, we don't know gross margins.
So, by the time the profit is fully earned over the next 3 to 5+ years, assuming cost cutting measures cutting down sg&a to $20 million annually.....we all good in terms of cashflow, ignoring the current working capital deficiency? Help clarify the picture. TIA.