I am expecting revenues of close to $50m, a 70% increase year-on-year from listing 2 years ago - quite an
achievement even allowing for the acquisitions. I just had a look at MLB's last presentation - their enterprise division
a competitor to BPF is expecting revenues of $40m and carries 300 staff against less than 200 at BPF!
I am expecting positive cash flow but not expecting a big profit number - the current high growth phase
investing needs includes a 3-fold increase in staff numbers and moving to larger CBD offices in Sydney and Melb.
Looking out a couple of years - revenues of $100m is not unrealistic IMHO.
I am not planning to sell anytime soon.
BPF Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
