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Ann: Capital Raise through Existing Shareholders, page-20

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footynbeers

257 Posts.

27

23/01/19

11:42

Post #: 37197337
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Originally posted by Warnie: ↑

What's it worth, it's apparently going to be making a $5m+ loss for 2018 FY

ASX ANNOUNCEMENTFY18 Trading and Company UpdateHighlights• The Company is expecting to achieve top-line revenue of approximately $12 -13M, similar to the previous year’s (2017) result ($13.1M)• EBITDA estimates (including non-cash and extraordinary items) are expectedto be a loss in the range $4M to $5M, a significant improvement from theprevious year (loss of $7.1M)• nEBITA (normalised) is expected to be a loss in the range of $2M to $3.3M,also a significant improvement from the prior year’s result of a loss $3.6M• Expected overall operating expenses, payroll, and tech infrastructure costs forQ4 2018 vs Q4 2017 have been reduced by over 53%engage BDR (“or Company”) (ASX:EN1 and EN1O) would like to announce changesto its annual revenue and EBITDA guidance. The Company originally anticipatedrevenue to reach between $21 - $23M and EBITDA between $1.2 - $1.5M. However,the new estimates expect that the Company’s revenue will be similar to its prior yearperformance, in the range of $12 - 13M and EBITDA to be approximately a loss of $4to $5M, a significant improvement over prior year’s loss of $7.1M. Removing noncash and extraordinary items, nEBITDA (normalised) could range for a loss of $2Mto $3.3M, vs $3.6M in the prior year. The information that follows will explain thechanges in detail.

Yet in the next breathe some 7 days later they say

engage:BDR (“or Company”) (ASX:EN1 and EN1O) is excited to present an update on newprogrammatic integrations that have recently gone live with the Company’s CEO, TedDhanik. The Company signed a few deals in December 2018, including ThirdPresence andAcuity, which have successfully entered onto the Company’s programmatic platform. Otherswhich were signed and announced in late 2018 (which had the potential to generateupwards of $100K USD per day in revenue at full-speed) have also gone live in validation(test) mode.

Now raising peanuts to get monkeys and the director increases holdings the same day they raise at 2.8c

Leave me alone.

Gone from none sentiment to sell.

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If they keep signing new integrations this might look like a huge underpromise / overperform situation

EN1 Price at posting: 4.1¢ Sentiment: None Disclosure: Held
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