Agree this is the catalyst. No other way forward really.
Even if executed well, adding ~$1.2m to gross profit leaves us $400k p.a. short of profitability. Not sure what impact new finance facility will have on principal and interest repayments. Some big corporate/admin expenses and R&D.
Capital raise incoming to meet conditions of 2nd $6m tranche.
This is the great test of the new business model. If we can pull it off, we can start to leverage some of our strengths.
Like Chris' emphasis on speed and scale in recent interview. Don't forget quality of customer experience though!
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