Let's hope so because every time I read they are producing inventory I just think high uplift in costs and only marginal uplift in revenue.
I had hoped for about $1.4m in Q3. Staff costs with all this inventory production hit 80% of revenue ($999k). The average is 68% across 12 quarters.
Unlike my pal @littlecorn who works on the basis that just about anything with a pulse will be on a $10m mc sooner or later (and he's right more often than I am) I don't think SP3 can amount to much without scale to compensate for it's high staff and production costs.
Even though I am far underwater, I won't average down until I see real revenue growth. On my serviette I can't see BE next quarter even if they achieve $1.55m (-$0.173) but if they do get $1.55m in revenue (just a tad above the high water mark in Q4 FY19) it will be a big step in the right direction.
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