110% increased Sales in FY18 Q1 does not look like bad, However, it is still too slow to expand. The projected Sales Revenue of FY18 is around $12-15M, thats what our investors expect next year. And year after, it will double or triple its sales around $30-40M in FY19. Thereafter, the sales growth rate will start to reduce in FY20.
Based on first two moths sales revenue $1.125M, the full year sales could reach around $8M. I dare still say Bubs will make net loss in FY18 if its sales performs like this.
BUB-BLE time, page-441
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