Quoted from Psw757:Gary recently said on podcast that current production is around 75 per day. Back when Covid lockdowns started they were less than 50.
Prior to Covid it was around 100.
I do believe Gary inflates these numbers. Keep in mind if they're averaging a 100 machines a day, here's the math of Sterns top line revenue. 52 weeks a year, multiply that by 5 days a week=260 total days. That means they'd be making 26,000 machines a year at an average sale price (rounding down to $5,000)=top line revenue at Stern of $130,000,000.
I'm going to share with you some numbers from 2019, keep in mind this is not 2020 numbers so sales could be up but I doubt top line revenue is up more than 20%.
Stern took out a PPP loan in 2020 that would have been off of 2019 payroll number. Their loan was $1,850,000. This would have been for 2.5 times of average monthly payroll (1,850,000 divided by 2.5)=monthly payroll of $740,000.
Then take the $740,000 and multiply it by 12 months so you'll get annual payroll of $8,800,000. Keep in mind this should include benefits (401k) because Illinois is a state that requires 401k for employers that have over 25 employees. Granted Stern doesn't have to match anything in the 401k but I doubt they wouldn't. In this case, let's just assume they don't so annual payroll expenses will remain at the $8,800,000.
Most manufacturing run around 30-40% of payroll expenses. I have to assume making pinball is very manual so this would drive up the number. If we went in the middle at 35% (you take the 8,800,000 divided by 35%)=top line revenue around 25,000,000. If you're at the low end of 30% expenses it puts it around a 30,000,000. Far less than a 130,000,000.