Feb 19th – Secures purchase order with New Interior Furnishing Customer. $1.5million pa
March 2nd – New business with Murdock webbing
March 23rd – Purchase order for floor covering market. Company is one of the top four carpet suppliers in the world
April 12th – Purchase orders of US$530,000 from numerous customers
May 9th – We are seeing significant progress serving the polymers market
May 23rd – PCM for mattress ticking producer, $5million per year sales commence Q2 2016. “Expected to grow rapidly”.
July 14th – Purchase orders for tents received of at least $1.8million pa as of third quarter
August 15th - Alexicool sale of $1.7M for CY16
August 29th - Two new clients represent a total of US$2M in annual revenue
September 23rd - Total of four new purchase orders represent annual revenue of US$3M
September 26th - New sales contract with US based global apparel leader
October 19th - Alexium to supply Alexiflam and Alexicool to two US mattress ticking producers in US$3M agreement
We still have a run rate of US$18.5M, just add them up.
For the last several months one could see this is going to fall over into the next calendar year. It's disappointing the sales have been delayed, I agree.
But at least not having any forecasts for CY17 will leave Alexium in a position to over deliver next year - we still have hundreds in the pipeline.
(Hurry up military)
AJX Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
