RE: Meat on the bones16 Nov 2023 11:37
Lottie. Won't £100M debt cost us circa £10M per year interest under our new finance deal? Overnight lending rate circa 6% plus 4% BoE base rate.
Add on £15M per year for contract submissions, marketing, and facilities maintenance, and we should be left with a profit of circa £15M per year on Revenue of £200M. As I'm sure our profit margin is between 20 and 25 percent.
We get to £500M and we should be raking in £75M per year!