I'm sorry but what is that table based on? How on earth are you coming up with a compounding $500K extra profit each quarter?
FY2022 Q1 only increases from $3.2M in customer receipts to $4.8M in Q3 and that includes the acquisition of Kaddy reporting a full quarter for the first time in Q3 vs no Kaddy in Q1. This table seems overly optimistic, and not at all conservative as you are claiming.
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