Replies to post #69936 on Grupo Resilient International Inc (GRUI)

[WardOffMonkey]

From the June 30 financials for the first six months this year, $631,940 in total sales with COGS of $457,023, leaving a gross profit of $174,917 or 27.68%. If they sell 500 CT's at a price of $519 each that would be $259,500 with a gross procit of $71,830. Good but not enough to cover their average monthly operating costs of $135,998. To do that they need to sell at least 947 CT's per month at an average sales price of $519 each.

[mark m]

Euniverse1 - That was me who posted...The 260K figure was revenue and the 75K was GROSS profit, not net. Like I said, it will take 2000-2500 CT's sold per quarter to pass the break even point. The 75K is actually a little generous, since I used 30% gross profit instead of the actual 27.5%.

Edit: The sale of 500 units is a start, but they have a LONG way to go still. But we'll take what we can get.

So there you have it. GLTY