Here's a graph showing ACX projected revenue under 4 hypothetical constant growth scenarios.
16H2 revenue was 1.25 times 16H1 revenue and given the 17Q2 dip and the 17H2 recovery already underway, I'd expect the $77m 17H1 result to indicate a FY17 result of $173m, ie guidance is too conservative.
So which trajectory is the growth path on?
I understand that EBITDA margin is also set to grow substantially (22%?), so this graph doesn't tell the whole story.
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