With regard to a revenue growth forecast for 2021 JT was asked a similar question at the AGM
It is worthwhile recalling his comments. He said because they had a new product and were coming off a low base it was very hard to project a 2021 growth rate. They had a very healthy sales pipeline and building and expect that to continue.
The industry base growth rate was around 20% and they expect to do significantly better than that in the short term, but in the long term would probably revert back to the industry base.
Most of their contracts were long term in nature where revenue was expected to grow.
With regard to becoming cash flow positive, he predicted this would be very early in the next financial year, which by my calculations could be 7 or 8 months hence.
- Forums
- ASX - By Stock
- NET
- Netlinkz Ltd
Netlinkz Ltd, page-33
Featured News
Add NET (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NET (ASX) Chart |
Day chart unavailable