Ann: EN1 Q3 2019 Appendix 4C & Commentary, page-43

Let me have a crack at the number crunching.

Staff cost = 812,593 and administrative cost= 870,711 for Q3. Total of roughly 1.7M and likely to be same for Q4 as well. This is not including smaller expenses like lease and advertising and research. This cost is unlikely to reduce further as much of restructuring is done. So we are looking at cost of about 6.8 M to run the business for one year. Let us be little more conservative and say our profit margin is 30%, not 40%. That means our annual revenue should be around 27M to break even, we need roughly $74,000 a day to break even. Is this estimation correct? Or have done any mistakes?