I bought some, since I finally think 'profitability' has gone from an empty promise (next year, next year, next year) to reasonably achievable.
Revenue looks to be down 2% for Q3FY17 vs Q3FY16, Though in the report they said "We again grew revenues" - odd.
The table on page 2 of the report looks good - Q3 beat H1 on all metrics, bringing them close to the short-mid term goal, which would make the company profitable in the $70-$90m revenue range.
In FY16, Q3 and Q4 had similar revenue. If that holds true for Q4 FY17, then revenue would be $68m for the year, getting close to profitable, assuming the other metrics can continue to improve a little more.
TPW Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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