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Re: westjtter post# 345830

Thursday, 05/23/2024 7:14:54 AM

Thursday, May 23, 2024 7:14:54 AM

Post# of 345976
Solid guidance of $175 million for 2025??? $175 million rev guidance for 2025 would be pathetic and failure for Avid's management IMO. $44 million in revenue per quarter for 2025 would give us around zero profits for 2025! 3rd Quarter 2024 we did $33.8 million in revenue and had a net loss of $6 million. Put another $2.5 million per quarter in interest cost we have to cover makes breakeven revenue about $42.3 million in rev. So we need around $170 million annually in revenue just to breakeven and start making a profit in 2025.
Would guiding the market that you will be filling 43% of your capacity in 2025FY be solid performance?
We need a very large manufacturing contract(or several smaller ones) for Avid to avoid a low ball buyout.
And we need it fast!
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