AI
Friday, November 07, 2014 7:00:59 PM
While they have 50% margin they still are unprofitable.
Even if they grow revenue,they are still spending all the money running the company. Gross margin is completely different then operating margin.
This company is running negative operating margin the last 3 out of 4 qtr. The only good quarter they had was 85000 in revenue and $11000 profit.
This is a pipe dream. Too much competition in a niche market for me.
Even if they grow revenue,they are still spending all the money running the company. Gross margin is completely different then operating margin.
This company is running negative operating margin the last 3 out of 4 qtr. The only good quarter they had was 85000 in revenue and $11000 profit.
This is a pipe dream. Too much competition in a niche market for me.
