Castle Brands Board (ROX)

[Jld3294]

I agree with your point that 17% revenue growth from here should take us to GAAP break even, but do you think ROX can keep all other expenses constant? I noticed their S&A costs are up considerably from last year.

Considering the growth will be partially offset by increased expenses, my guess is ROX will need 20-25% revenue growth to get there, which should be about 1-2 years away. I think your 2017 prediction seems pretty valid