I actually reckon it will actually be lower than I have in the spreadsheet, its not easy to sustain such compounding growth rates. The business takes hard sales, training, customer service. Its not coming from something that sells itself online via a quick download.
Q2 $220k
Q3 $255k
Q4 $290k
If they do that and keep costs down, its not terrible. But valuation still frothy if they do meet that.
Ann: Quarterly Activity Statement and App 4C Mar Q 19, page-10
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