To put it in perspective:
2018 Epichem External Revenue $2,890,000 NPBT $10k
2019 Epichem External Revenue $3,670,000 NPBT $390k
2020 Epichem Forecast Revenue up $500k to $4.2m, now $3.3m
The contract loss hurts our run but still trending ok. The non-renewed Unity contract of around $900k pa remains offset by about $500k of new 2020 work. I expect the main role of Epichem's new CEO's is to both diversify and boost total revenue. An early plus and minus ... too early to mark at the moment.
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- Ann: Epichem Awarded One-Year Contract Extension from DNDi
Ann: Epichem Awarded One-Year Contract Extension from DNDi, page-9
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