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A million in income, say 10p a shot, equates to 10million shots. This equates to around 27.3k users on annual basis.
Do the same math for diffetent cost/shot basis and the answer is the same, badger all number of users at the mo
W£
The attached price trends puts lower margins in contrxt
https://www.tomatonews.com/en/prices_44.html
W$
So, the ship has been steadied and is on course to breakeven. Relationships with new customets and suppliers established. DSM shackles getting looser day by day.
Not sure what game he was playing today, at worst an attempt to stabilize SP, at best, who knows.
HNY
Welly
Ah, I thought I'd lost the text so started again. Apologies for the duplicate info and wall of text
a million in revenue from ff sd ii isn't going to get us in profit sphinx. look at today's numbers :-
290k revenue from ff sd ii gave us a gross profit of roughly 70 to 80k ( ff+ making up the rest. on that ratio,1 million would probably generate a gross profit of between 250 and 300k.
if we effectively* pay less royalties to dsm in 2024, maybe that'd stretch to a gross profit of 350k ? add in the profit from ff+ and you're probably in the order of 450k as gross profit.
sphinx
based on today's accounts, a million in revenue won't take us into profit.
back of a *** packet calcs suggest that 299k in sales of ff sd ii generated a gross profit of roughly 75k ( with the remainder coming from ff+ )
all things being equal, a million in sales of ff sd ii would give a gross profit of between 250 and 300k. assuming* we pay dsm less royalties in 2024, maybe we'd be looking at ~350k as a gross profit ?
add in the profit from ff+ of 100k and that's 450k. our annual costs are in excess of that.
bb
*the royalties thing is worded strangely in the rnss. it sounds like they'll drop over the next 3 years, but it doesn't specifically say that, but i'm hoping the result is the same.
he rns's also say that, for like for like sales and margins, we should be better off now than what we were under the aa, but we're getting less profit from sales than we received under the aa, so either sales or margins, or both, are down.
Whilst a cash outflow of only £60k over the period is to be applauded a reduction in gross margin from 75.5% to 35.5%
and a dramatic increase of £203k in debtors ( financed in part by increase in payables of £130k) isn't
jees what terms are they offering to achieve sales?
just a few initial observations
mol
Yes, revenue growing nicely. Will be interesting to see how share price reacts on Tuesday. I have been in this share for ages let's hope for a long overdue boost to share price!
Probably over £1m revenue for the full year ,got to be close to a profit next year .
Hopefully 2024 will make a profit "but honestly cannot see it:15 years of the BOD taking nice wages Admin and other costs £240 k Nice £260 k Loss
Looks positive going into the the New Year
Good luck everyone
And have a Great 2024
I’ve been out all morning and had a pleasant surprise when I came in ,there is nearly £600k nailed on for H2 with 3 months to go , well done pxs .
We're almost a year into the 4 years pumpky, and that's something we already knew about...
Got to pay royalties to DSM for 4 years:Still losing money year on year:the only hope is the Chinese!
Less profit share to DSM from 01st Jan, so we will see an increased profit share.
More or less agree with those comments.
Reasonably good sales, and sales pipeline, whilst we wasit for: a/ DSM to develop and commercialise a new area of health benefit (years away), and b/ ByHealth to get started with their undoubtedly strong marketing skills. (near term se hop)
Admin and other associated costs £240 k Loss of £260 k 15 years in a row losing money
Well, finally, they're with us.
There's really no excuse for being so much on the last minute, but, putting that gripe to one side, they're better than I expected.
I thought we'd have had no more than 250k left at the end of September, so we're better off there, and sales in Q3 are healthy with more coming through in Q4 ( or a bit beyond )
Hope everyone's had a decent Christmas.
BB
The company are obliged to publish any information in their possession that could materially affect the share price asap -not when it suits them.
After hours is good if Bad news is coming!!
RNS service may be open a bit longer than 12:30 but cant see it being business as usual today.
Pixie, take a look at
https://www.londonstockexchange.com/equities-trading/business-days
Trading closes at 12:30. That doesn't mean the Interims can't be posted after time, but it'd be poor practice to do so.
The stock exchange is operating a normal day until 4:30pm, its not Xmas Eve on a weekday?
Not as they have a lot to do each year;most probably sunning himself on the beach:Shambles
The lack of respect of the bod for the people who pay them is astonishing .
With roughly an hour to go to the bell Ford could do with getting the Interims published. I dare say they could be published out of hours, but, if they're not published at all I think we'd be looking at a temporary suspension.
BB