Closest to the Pin, page-111

Colb, your post shows how little you understand the company and how businesses work (or a very bad attempt to downramp)

At valley of death stage of all businesses, there's more capital outflow than inflow (negative profit) because companies need to buy machines, build infrastructures, build networks, do marketing, pay for licenses, etc. It's the stage where most business die. JAT has clearly passed this stage.

At the early stage, companies have already established most things they need for producing goods and services, so the investment reduces. they have gained trust from business partners, good reputation and advertisements will bring more customers, increase revenue and break even. JAT broke even last year, revenue boosted by 10 times, it acquired Golden Koala, it's obvious that JAT is a very operated company on the right track.

Revenue will continue to rise after breakeven, therefore we'll see a significant profit in 2018.
Simply saying Jat didn't make profit in past 2 years shows you don't understand the stages obviously.
Also shareholders don't only buy because of the past result, they buy for the future potential.

This is very basic economic/finance knowledge, please see the graph.

GLTAH