InvestorsHub Logo
Followers 18
Posts 532
Boards Moderated 0
Alias Born 05/11/2011

Re: TRUISM post# 142439

Thursday, 08/16/2018 10:25:41 PM

Thursday, August 16, 2018 10:25:41 PM

Post# of 278617

Yes, 10 million in sales is projected....

Will go on the books regardless as a profitable company acquired..



My point is "sales" and "profits" are completely different. If Best Made was making $10 million in profits, like you stated, then Bolt Threads would have a source of decent founding if their VC money dried up.

However, $10 million in sales might not mean the company is very profitable. And retail is known for their high sales and low profit margins.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News