Develops environmental-friendly feed additives for livestock.
Sep 2013Revenue $23.0M/yrExpenses $23.0M/yr
Fell below break-even Sep 2013Cash runway ≈ 10 months from Sep 2013
Figures by year
When will Tanke Biosciences be profitable again?
Its expenses passed its revenue in Sep 2013. In the 12 months to Sep 2013, revenue was $23.0M and expenses $23.0M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2012 | $28.6M | $24.0M | $4.53M |
| Dec 2011 | $23.8M | $22.1M | $1.74M |
| Dec 2010 | $20.1M | $15.7M | $4.37M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.