Putting accusations of BS or ' pie in the sky' aside, recently they said that they would have a sustainable profit heading into FY2013. What would have to happen for them to achieve this?
By 'sustainable', they can only be referring to annuity income. So how much annual revenue would they need to book over the next 6 weeks to meet their target ?
$10m would make them profitable, so @ 20% annual annuities, wouldn't they need $50m worth of software/hardware from whatever PB resells?
ie at least a couple of ' major deals coming to fruition in the near term'.
Will they do it???
pb q1 earnings and outlook call, page-9
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