Post by
1rockit on Sep 08, 2024 4:14pm
Prospecter ,
Are you sure about those numbers on the over 800 grand per employee !! That seems offly high. R u sure something else isn't mixed in with that ? And I read a while back that the management bonuses and perks aren't tied to performance!! That's Unbelievable !! Sounds like the banking industry.. Thing is , this is no bank ! Thats for sure! Good luck all
Comment by
prospector001 on Sep 09, 2024 7:02am
I cannot be certain about the number of employees but we do know the revenue from the financials. I am pretty sure that Jeff has mentioned the number of employees recently in one of the Webinars? He has also mentioned that some of the on-site labour is supplied by the general contractor on certain jobs. Perhaps someone can confirm with the company on the number of employees? GLTA
Comment by
tony08 on Sep 09, 2024 9:42am
In my opinion, what's important is not the number of employees but what it costs in operation ($30M fixed costs). What's also important is that with these same employees and the machinery in place, Cematrix could generate revenues of $ 200M / year