In simple rough terms Im thinking next year the loss will be...

In simple rough terms Im thinking next year the loss will be less than 2018 yet the revenue will be multiple times more based on ARR reported and the lag to realise the revenue
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Im looking at next year from this angle :

Revenue should be around 40-45m so lets say 43m so an an increase of 25m
Cost of Hyperfish/Wizdom should reduce staff expenses by 8.5m as this is a one off
R+D Tax credit of around 7m ( of which 3.8m has been received already ) vs last year of 1.5m , increase 5.5m

So the figures above next year will be a increase of 25m in revenue and a $14m credit in one off saving of costs so thats $39m better off than this year all else been equal.

There will be other expenses but the savings from the aquisition costs and the tax credit of $14m should negate this, however the revenue should be more than double, thereby showing a loss of around 17m (-42+25m) next year. This is better than 2018 when it was trading between 28 and 70c yet the revenue was only $6m.

So even allowing for increased expenses of say 14m negating the wizdom/hyperfish and tax rebate savings of this year then the revenue would have increased $25m and costs will be around the same but the loss will be half this year and similiar to 2018.

Stock is trading 12c off 2018 lows yet this time next year should have the similiar loss to 2018 of around $20m but revenue 700% ( 42m from 6M) more not to mention its growing ARR.