CNW 0.00% 6.1¢ cirrus networks holdings limited

> what -the< . maybe you are mixing revenue for receipts from...

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    > what -the< . maybe you are mixing revenue for receipts from customers. not the same

    • In providing an update to the market, Cirrus announced consolidated revenue continued to grow in the first half of FY18. The company expects H1 revenue to be in excess of $30 million (FY17 H1 $18.7 million) including $19.5 million in the second quarter (Q2) of H1. Both the Victorian and Canberra acquisitions are showing promising signs particularly in the services focused opportunities. Pleasingly Q2 delivered an underlying profit after an underlying loss in Q1


    it seems as 1 QTR revenue was around 11 mil, 2 QTR was 19.5 mil, all up for 1H18 30 plus mil.

    forward 3 QTR estimate ( only) expenses around 22 mil, an assumption can be 23 mil revenue
    Mind you the 3QTR can be a bit larger if counting for unforeseen new contract/advancing pipeline work etc

    The last QTR should be a big jump in revenue upward 30 mil for CNW to achieve the predicted 86 mil
    of revenue for FY18 revenue.
    Last edited by afterlife: 25/01/18
 
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