Ann: First quarter sales update, page-9

Precisely. GSS can plausibly aspire to full year revenues of circa $50 million in the current financial year based upon its revenue growth rates. That puts it on a current-year revenue multiple of about 5x. Can a revenue multiple this low be justified for a company growing revenues at 50% (versus the prior quarter that is!) when the revenue base from which such growth rates are being achieved already reflect rapid and even higher revenue growth?

This is a rapidly growing global business and this is an excellent revenue result.