Ann: iCar delivers another record quarter of cash collections, page-2

2017 profit is looking well within reach, based on the trajectory at the moment I'm hoping for $12m revenue in 2016 and $20m in 2017. Costs are currently $18m a year but shouldn't increase much I don't think. If these numbers are close to right then no more cash will be required to be raised for operational reasons.

If they decided to expand into other countries this could of course delay profitability but may still be a wise long term choice.