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Re: usma67korea post# 7633

Saturday, 06/08/2024 11:37:15 AM

Saturday, June 08, 2024 11:37:15 AM

Post# of 7841
They don’t burn 50mm every quarter. You can’t just 4x Q1 as it is a quarter with lowest sales. Q1 also include ramp up cost for CD and OPUL I believe

They need better sales numbers and growth visibility than they can refinance

They need about 400m sales to break even in cash flow. Their fixed cost is high but then incremental sales will be huge to bottom line.

$280mm sales, they burn about 120mm to 140mm per year
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