PyroGenesis Inc T.PYR

Show Me The Money

[GrahamB]

Good to hear some more PYR signed a 3 year contract( 27 mill or 9 million a year).
Thats good. 
The question I have,is given that PYR has never in the history of its operations, to my knowledge, been profitable-what level of revenue or cost cutting is required for this to make a difference and show profits.

After all, a company must show profits to have value, given that the stream of income is what gives the company value according to current models of valuation.

  I would enjoy hearing others evidence based response (pumpers caustic comments to be ignored)
 
From the last financials pyrogenesis has 6 month revenue of 5631101, COGS of 3992713, gross profit 1638388 and expenses of 15,033738 so net loss of 13395350 .

Again, how can you assess how much they need to make to be profitable?.

They have never been profitable and even with twice vthe revenues in 2022 for same 6 months of 10 million they had net losses of 17 ,million as COGS were twice as high.

What does all this mean?
Well start with Gross profit margin  ≈29.1%

This means that approximately 29.1% of every dollar of revenue contributes to covering expenses after accounting for the Cost of Goods Sold (COGS).

If COGS are a variable cost, and   it scales with revenue.(I believe so given  The increase in COGS from 2022 to 2023 when revenue doubled suggests a direct relationship where revenue was 10million and COGS were 6.5 million).

Since 6 month expenses were $15,033,738 and assume expenses are fixed (e.g., salaries, rent, R&D, marketing, etc.).

It would suggest they need 100 million over a year to just break even, assuming gross profit margins and fixed costs stay as is.

Then again, they still need to execute AND collect, something they havent been able to do lately with the huge accounts recievable

Anyway-all for entertainment
Not info to use to buy or sell
Do your own DD-and dont trust what you read here
I did my research and steered clear. Will wait to see PROFIT-thats when I invest, and it works

Now to multiple posts from the pumper cabal to hide these factual posts, and jkeep talking about the future

[filoux004]

Thank you for the reality check. Excellent analysis.  Glta DD

[EtheGreat]

Pyro has made Commentary regarding Cutting Costs in Qrtly's -- i'm cluless regarding fdetails or percentages 

[filoux004]

You will have a better understanding when the fins come out shorthly.  DD glta