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Summary financial projections
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| bet | 24/26 | | Sana | 04.01.2022 | | Hajmi | 0,52 Mb. | | #10396 |
The financial plan portrays a projection of first year sales of $11.74 million, gross margins over 60%, and net margins of approximately 42% before tax. The Company expects to be profitable after the first six months of operation, and remain profitable from that point on. Other expenses are budgeted as a percentage of revenues based upon similar industry ratios. Given these projected numbers, the Company anticipates to be profitable and cash flow positive within six months of Product launch. The important results of the financial forecast are summarized below:
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