Avid Bioservices Inc (CDMO)

[djohn]

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!