Matthew Kress's questions to PURE BIOSCIENCE (PURE) leadership • Q1 2019
Question
Matthew Kress, a private investor, asked if the company logically projects it will be profitable by the end of the following year, considering the current 124% quarterly revenue growth and the target for cash flow breakeven.
Answer
VP of Finance Mark Elliott affirmed that achieving the cash flow breakeven run rate is a logical expectation. He specified that this projection is based on the anticipated business from Taylor Farms, combined with current and expected margins.