Things are very quiet here and with company announcements.
Which to me suggests they are not confident in forecasting a FY23 revenue guidance.
I attended the FY Results webinar and there were a few Dorothy Dixer questions asked by Moelis to Management.
One related to the lost customer/program that impacted revenues last FY.
Rick stated the customer/program has returned at 'similar levels'.
Previous quarter revenues:
September 2021 revenue - $15.4M
December 2021 revenue - $23.2M
March 2022 revenue - $11.3M
June 2022 revenue - $17.8M
The September 4C should show we've paid out Syneos.
The June 4C stated additional programs with Walmart was to go live Q1FY23.
They need to demonstrate revenues from September at ~$20M to have a buffer to beat the FY23 revenue ($67.8M).
Messaging from the December quarter stated cash positive position by mid CY22.
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