If I recall correctly it was supposed to be $18 mil for the last CY and it came in late once again achieving just $13.5 mil (which is a little, but not enough, more than $11 mil). The $20 mil plus was just the generally unbridled optimism of the AJX threads. $20 mil should be more than a shoe in for the FY now though.
Its these missed targets that prevent the market reacting positively to their 30% margin claim today, which with revenue climbing as it is would make next half a maiden profit. Unfortunately AJX's story has a similar plot to the boy who cried wolf so I'm not counting on it just yet - though I do take heart that in the story the wolf does arrive - eventually.
