Looking at the numbers they're forecasting next year.The present...

Looking at the numbers they're forecasting next year.

The present customer base (21,555) giving $40.8m annualised sales

Plus 20,000 new customers in a 70/30 split between Residential & SME =

14,000 x $1300 = $18.2m extra residential revenue

6,000 x $10,500 = $63m extra SME revenue

So total sales FY19/20 expected to be $122m

That is an impressive forecast over the FY18/19 $30m sales

Looking at profit based on their quoted (March Qtly) margins of 23% & 13%

20,165 + 14,000 x $1300 x 23% = $10.2m for Residential

1,390 + 6000 x $10,500 x 13% = $10.1m for SME

For a total profit margin of $20.3m

I'm not sure what expenses they include in their "trading margins" of 13% & 23% eg it probably wouldn't include interest.