I hope your break even amount of $40M is correct.
Given conservative H1 forecast revenue of $25M. Historically H2 revenues are larger than H1, achieving profitability in FY25 looks good.
Back in former CEO Scott's time, I was told that break even revenue was about $60M.
Former CEO Scott's was talking pipelines of $300M. The previous executive chairman Mark gave the same pipeline number in his Henlow's presentation in May.
But current forecast of "future pipeline for H2 FY25+" are
Armour - Future pipeline for H2 FY25+ is $22.2m. Is this H2 FY25 pipeline only or FY25 and beyond?
Technology - H2 FY25+ is $8.7m. Is this pipeline for H2 FY25 only?
- Pipeline related to the SUAS support contracts is $21.3m. Is this pipeline beyond FY25?
Is a bit confusing. But the total pipelines of $52.2M is far below $300M.
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I hope your break even amount of $40M is correct.Given...
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