Ann: H1 FY2018 Preliminary Results - Record Growth, page-16

Of course they are progressing and getting closer each year, but these limited pre-releases tend to focus on the positives. If profitability were in sight they'd have mentioned that too. There are many other expenses besides capture costs that they need to cover before breakeven or profitability.
Essentially those comments tell us that the current ACV still only covers capture costs, similar to last FY. That means that sales, marketing and admin expenses will still be going straight to the loss side of the equation, which last year were over $12mil. Its safe to assume these costs will have grown a little from there, So US positive cash generation still look to be some years off - even at these faster ACV growth rates.

Don't get me wrong, I think they are solid results, a little ahead of expectations too so some SP boost is warranted - but hold off on the bubbly for now.