Replies to post #78096 on Capstone Companies Inc (CAPC)

[flptrnkng]

I don't see how they get to $3M.

3Q was $709K, to get them to $1.765 million through 9 months. 3Q is typically their largest revenue quarter, as they load up the Costcos and Sam's Clubs for holiday shopping.

The other issue is gross margins have been collapsing along with revenues. From the mid-20s percent to just under 14% through 9 months of 2020.

Yes, the mirror products will have higher margins. I just don't see them selling.