Replies to post #8155 on Taronis Technologies Inc (fka TRNX)

[JRPac]

You forgot to include the cost of revenues in your analysis. In the latest financials from the 10-Q, that was $757,874 on revenues of $1,171,753, or a gross margin of about 35%

If they have the same gross margin on $3 million of sales for the June ending quarter, that would be gross profit of about $1 million and then subtracting SG&A of $650,000/month for 3 months ($1,950,000) would leave a loss of almost $900,000.

So, they really need to improve gross margin. In fact, they would need to double it to break even.