January has some annual one-off costs so I won't be expecting a profitable January.
Annual revenue last year of $18m which appears to be roughly the 'cover costs' revenue amount based on the past few announcements.
I'd imagine if EN1 can exceed that revenue this calendar year and post a profit given revenue grows incrementally year on year, and the balance sheet is largely fixed.
No word on any further drawdowns of the cash facility which is interesting.
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- Ann: December 2019 Trading Update - Record Revenue Month
Ann: December 2019 Trading Update - Record Revenue Month, page-21
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