POLA quick math says they'd need to bump revenues to almost $3.5 mill for near break even given their current expense structure and assuming gross margins around 40 percent (and assuming slight uptick in overhead on higher sales). They had an almost $600k operational loss last Q.
People need to be paying closer attention to overhead here and the burden it will keep on profits going forward compared to that lucky sweet spot they briefly enjoyed just as they IPOd (well timed, imagine that).
POLA nice rebound to the $4.60's after hitting a morning low of $4.12. I thought the outlook sounded pretty good. Congrats to those who bought.
Didn't think POLA deserved to get hammered, so glad it's coming back. Actually makes sense. Still lots of strange stuff out there. EVSNF on my watchlist had a terrible quarter. And it's up 10% on volume. Um ok.
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