Yes, a bunch of Dreamers!
In the Nexia Australia report attached to the YPB AGM announcement. on page 35 of that report they table revenue and profit projections provided to them by YPB. for years 2024-2028.
So, for 2024, YPB is projecting revenue of $1.774m, of which $0.899m comes from Motif Micro solutions, $0.540m comes from their ProtectCode solutions, and wait for it... $0.335m from the Connect QR product.
The EBITDA is -$0.855m.
YPB projects for 2025, an EBITDA of + $1.377m on total revenue of $4.970m, of which Motif Micro anticounterfeiting solutions contribute $2.665m, and Connect QR $1.489m.
Given that they only posted $0.119m for the March quarter 2024, that they have eluded to serious problems with smartphone detection of their anticounterfeit identifyer, they really are dreaming that they will achieve revenue of $0.899m from this product solution.
It's anybody's guess as to what sales they will achieve this year of their ConnectQR product given the absence of any real selling strategy and milestones.
Yes, a bunch of Dreamers!In the Nexia Australia report attached...
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