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Re: Johnny_C post# 15986

Friday, 05/01/2020 9:49:23 AM

Friday, May 01, 2020 9:49:23 AM

Post# of 18807

I don't think anyone knows the margins, and Singapore may be different.

I thought another 1,000,000 were ordered from China on top of the 500,000 opening Singapore order.

Earnings call hopefully will give more info



Nothing I stated involved "margins" ????????

I spoke about FACTUAL/CONFIRMED GROSS (top-line) revenues- that has nothing to do with "margins".


The first 100,000 $AYTU COVID tests sold for $25 ea and has been confirmed in numerous statements/PR by public officials and govt agencies who bought them (CO is on-camera and in print about what they paid per test bought from AYTU as is Michigan, etc).

That means AYTU received $25 ea per test sold. PERIOD. "Margins" do not enter the picture when discussing gross revenues?

100K X $25 ea = $2.5 MILLION in gross REVENUE landed in the bank account of AYTU as top-line REVENUES.

Said REVENUES will appear on their SEC filed 10-Q/10-K statement of operations (on the line labeled REVENUES)

That is business accounting 101 basics :)

Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.

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