A better and more transparent presentation of Armour business.
As at today,
Armour orders received (include run-rate sales of $4.2M) = $17.7M
Technology Spares + Support contracts = $5.7M
If they can deliver the above in H1, revenue will be $23.4M, base on contracts already received.
If they can maintain the run-rate of $2M/month, that will add another $8M for remaining 4 months of H1.
That will bring H1 revenue to $31.4M.
Hence H1 forecast revenue of $25M looks conservative.
A better and more transparent presentation of Armour business.As...
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