The $50m was from $6.5m not from $1m, not that particularly matters.
Again I think you are missing what this company is, it's a market disrupter that expects exponential growth not steady growth from a traditional labour hire / recruitment business.
The company now has the resources, the CEO & hopefully a better COVID-19 environment so there are fewer excuses not to deliver. They also have signed up a load of new clients at the start of the year that should start to deliver more Revenue.
IMO $18m Revenue should be delivered in FY22.
R.I.P. Hermii, page-86
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