January has some annual one-off costs so I won't be expecting a profitable January.
Annual revenue last year of $18m which appears to be roughly the 'cover costs' revenue amount based on the past few announcements. I'd imagine if EN1 can exceed that revenue this calendar year and post a profit given revenue grows incrementally year on year, and the balance sheet is largely fixed.
No word on any further drawdowns of the cash facility which is interesting.
EN1 Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held