Looking at the latest annual report and using my back of the envelope calculations, I have the following:
Currently 5.45 MW resulting in $1.32m revenue and a $5.2 million dollar loss
Assuming the corporate overheads and other things leading to that loss remain the same, I have us requiring 4 times the revenue and something in the vicinity on 21 MW to break even.
Last year we went from 4.35 MW to 5.45 MW. We need to scale up / expedite big time to get there or will be a long road to profitability.
Explanation Required, page-29
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