LBL 3.68% 70.5¢ laserbond limited

Ann: LaserBond 2023 AGM Address, page-2

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    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.

    .
 
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