"Syntonic recognizes revenue of A$281,087 in Q3 FY2017 with majority of cash to be received during the current quarter"
There's no actual reported revenue for Q3. The recognized revenue comes along in Q4 i.e. the quarter we are going through right now.
We need around $2 million revenue per quarter to fully justify our current MC or 3c share price.
So what does all this mean?
The revenue grow potential is clear.
Next quarter (current) will report the highest quarterly revenue to date.
The hockey stick growth is a quarter or two away.
All round better than expect report.
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- Ann: Appendix 4C - March 2017 Quarter
Ann: Appendix 4C - March 2017 Quarter, page-38
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