The revenue figure is higher than the recent Cannacord broker report projected (which TP posted), i.e.$4.8MM actual vs 3.8MM. The report also projected $9.4MM revenue for FY 2106 so $8-10MM was pretty optimistic. So long as they keep expenses under control (costs a little high this year considering they wil probably increase once full commercial launch is achieved later 2015), definitely hoping for >$10MM next year and demonstrating that profitability is not far behind.
Slow and steady with this company.
Ann: Investor Update, page-4
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