En1 has only recently completed the transition to a predictable and fixed cost structure (see En1 18 Mar 2019 presentation for more details). This 375K or less expenses would not be in the 2018 annual report or even in the coming 2019 one. But it is on track to be profitable in 2019 based on the current revenue figures.
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Ted’s response - Costs vs Revenue, page-14
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