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bullethole27

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bullethole27

Re: mellgibby post# 84006

Thursday, 07/10/2014 1:52:51 PM

Thursday, July 10, 2014 1:52:51 PM

Post# of 163726
Their gross margins are actually more than 40%. Which means they are making 40 cents for every dollar they sell. This is actually quite good.

They have high debt from the expenses it took to build infrastructure and sales networks, design products and develop them with manufacturers etc. etc. This is the time when the balance sheet starts turning around now that they have put in all that time and money.
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