Well, the objective of $60m Revenue in FY2025 reaffirmed yet again.
Given FY2023 Revenue was $39m, to get to $60m in FY2025 is going to require 25% growth in FY2024 as well as FY2025.
If that sounds like a tall ask, for context look at the pace at which they've been travelling since emerging out of Covid:
Sales Revenue and Growth on pcp:
FY21: $24.7m (11% growth)
FY22: $30.4m (25% growth)
FY23: $38.6m (26% growth)
So nothing unprecedented in that revenue objective; they just need to continue doing what they've been doing for the past few years.
.
Ann: LaserBond 2023 AGM Address, page-2
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