In the last 4C quarterly (29 Jan 2021), they announced
With the addition of full quarter Turnover from iQ3 and a historical second half seasonal increase in sales, the Group’s current Turnover run-rate is now in excess of $110M on an annualised basis, subject to audit. This is anticipated to increase to $150M by the end of FY21 with the completion of planned future acquisitions.
I think this is very straight forward - they are saying with everything added in, they are already seeing an annualised revenue run-rate of more than $110m (I assume this applied to the accounts at the end of January, but maybe it refers to the end of December). If they make additional acquisitions between now an the end of FY21, the run-rate will increase further, as it will due to organic growth within the company.
All IMHO,DYOR
TNT Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held