Last 4 Months of the Financial Year5 Jul 2022 10:42
An exciting period as we get to know if sales can keep up with our CEO’s renumeration.
With a target of £876k, AFC performance of £280k for H1, this is going to be nip and tuck to the line. In the meantime the vast cash reserves as described by the ramping nag McBoxer give no concern as they are depleted with a loss of over £8m during the previous 6 months. With production capacity increasing, we fast approach the period of more promises and no sales. As a result losses can be expected to accelerate, with the luckless shareholders asked for another pot of money to feather the directors trough.