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Posted On: 07/02/2018 10:50:55 PM
Post# of 11803
Quote
“ And if the future is as the past, and revenue increases but cost of sales outpaces it, there's no transparency, and follow up on timing announcements is nonexistent, what do you expect? “
At this point, revenue is the only traditional finance metric to focus. Let’s not forget this is a start-up bio. With increased revenue will come increased COS. No way to tell at this point what is variable or fixed and what approaches a breakeven sales number. I’m just looking for an increase (and my guess would be an easy clear of $1M).
Transparency and follow-up? Let’s see.
Ben Franklin said, “Well done is better than well said”. I think we are nearing the well done time.
“ And if the future is as the past, and revenue increases but cost of sales outpaces it, there's no transparency, and follow up on timing announcements is nonexistent, what do you expect? “
At this point, revenue is the only traditional finance metric to focus. Let’s not forget this is a start-up bio. With increased revenue will come increased COS. No way to tell at this point what is variable or fixed and what approaches a breakeven sales number. I’m just looking for an increase (and my guess would be an easy clear of $1M).
Transparency and follow-up? Let’s see.
Ben Franklin said, “Well done is better than well said”. I think we are nearing the well done time.
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