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Alias Born | 02/05/2008 |
Friday, May 29, 2020 12:55:13 PM
10k:
"As of February 29, 2020 and February 28, 2019, we had a backlog of approximately $775,000 and $240,000, respectively, in unshipped orders."
or
we have a high probability topline of $1.0 million next q,taking out the $25K accounting expense,eps should be about 1/2c+ or pe=4-.Cost of sale of 55%(gross margin of 45%,2019 historic average) is used for this calculation.
wild card:
"Cost of sales and gross profit percentage. As a percentage of sales, the gross profit margin during the fiscal year ended February 29, 2020 decreased to 45% from 48% due to product mix and timing of significant sales. The Company believes that the average gross margin percentages overall can decrease to a range around approximately 40% in the foreseeable future."
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