Assuming there is no hiccup in already contracted revenues M7T should record postive EBITDA in FY'22.
At gross margins of 97% EBITDA will be turbocharged even with a modest number of new contracts signed.
The ability to visit customers and new prospects and attend trade shows will further enhance the ability of M7T to record revenues in FY'22.
I am also bouyed by Alan Joyce, Qantas CEO, who said on national television this morning that CEO's he talks to in the US tell him that travel is almost back to pre Covid levels and that these CEO's expect to be trading profitably by the end of 2021.
The planets are aligning for a great FY'22 for M7T.
Assuming there is no hiccup in already contracted revenues M7T...
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57.5¢ |
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Mkt cap ! $138.7M | |||
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