If you are referring to EN1 projections for 2018 that would be correct, but it's false based on the 4C's actual figures since the IPO. Maybe before IPO this is the case. Receipts have been in decline since Q3 last year.
If you read above, I wish I completed more due diligence before my purchase, probably would still be on the sidelines watching EN1 - lesson learnt. Still, a lot of potential based on their claims of fixed cost structure (programmatic), maybe 2019 will be their year, let's see how the back half unfolds.
EN1 Price at posting:
3.7¢ Sentiment: None Disclosure: Held