Ann: Yojee Business Update, page-21

Good Business Update.
The December quarterly results stated slow sales in Dec qtr so I am not expecting much in terms of sales for Dec 2020.
They hinted that the March qtr should should strong sales.
I note The Dec 2019 qtr showed revenue of $186k and March 2020 of $225k Not much at all but keep thes ein mind when looking at sales as it should show how far we have come.
I expect that the March 2021 qtr .


Like other commentators the big events to come in next 12 months are
1. Establishing a break even or profit .
Quarterly burn rate was a round $1.3m a month so sales should be able to cover this very soon given the perceived value in the large customers signed and the perceived volume expected. Perhaps the burn rate goes up with more customers but the point is teh same. Breakeven should come in the next 12 months. Then its re rated and share price should increase.

2. From speculative business to genuine disruptor. The customers Yojee has should allow it to grow - if it does a good job with these companies then it will continue to grow.

I am holding my shares patiently. I suspect by end of 2021 we will have hit breakeven and share price will be more like the price target of 50 cents that some brokers have estimated.

3. New customers and embedding existing large corporates.