OCO oriel communications limited

clarification, page-9

  1. 749 Posts.
    SSkim

    I think you need to re-read the announcement from yesterday. It says the CALENDER YEAR, not the financial year of 2007.

    Therefore, Jan-Dec 2007 expected rev is between $4.7-$7.2mil. And that's after 30% growth month to month.

    Using the smaller value ($4.7mil and 28% growth), we get a starting value for Jan of $71,744 gross revenue.

    If the 28% growth continues, then their 2008 financial year gross revenue (Jul 07 - Jun 08) will be $16.8 mil. If they can continue the 28% growth each month beyond that, then their calender year 2008 gross revenue will be $90.9mil.

    But that is of course assuming an exponential increase in gross revenue each month, and that they can sustain at least 28% growth each month until Dec 2008.

    Cheers
 
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