Hi JW
If we do $2.2m USD for the qtr ending June 30 I will be super happy. And so to will the share price. After all it did drop 50% as a result of the March qtr shocker.
Basically what I was trying to do was work backwards from Brendan's comment that the company will be cash flow neutral by years end. That means revenue will need to increase to $4.7m usd per qtr run rate for the March qtr 2020 onwards. Not right now! They have 9 months to get the business up to these sort of numbers. Hygena will be half way through the purchase order by then also.
Agree, no fluff. But I would like to see an official announcement regarding the uk business and contracted revenue.
All my working are based on company asx announcements. No assumptions and no factoring in any growth.
G13
