''I believe $24- $25M revenue for 1Q is way too high. My pick is for growth Q-on-Q to be in the 10-15% range. Looks to me like the market is picking a number more akin to 0%!''
Revenues for last qtr FY 2016 were around $18m
As per financial accounts FY 2016
''Capital expenditure The company spent and capitalised $2,627,790 FY16 (FY15 $1,176,045) on system development, platform development and product development. A component of that expenditure was wages, this expenditure was capitalised: FY 2016 $1,122,500 (FY 2015 $721,824).''
DYOR
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1Q17 Report Expectations, page-53
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