Absolutely agree with you here. By my calculations, we are...

Absolutely agree with you here. By my calculations, we are roughly $80k pm off hitting break even. That's much at all considering how Pointerra has proven they can scale up existing clients to higher value packages and are piloting AaaS with their big clients.

They've just brought on Decipher at US$5k pm which is bound to increase to a similar level to PrecisionHawk however, I would suspect at a much faster rate. IMO we will be at break even by end of this calendar year if not a lot sooner.

***************CALCULATIONS FOR REFERENCE*****************

Assuming exchange rate of 0.7 AUD/USD

Previously Reported ACV: AUD$1.32m (Ann 1/05/2019)
Newly Reported Revenue: USD$20k pm (PrecisionHawk) +USD$5k pm (Decipher)
New Expected Revenue Quarterly: AUD$437k
Expected Outflow Quarterly: AUD$670k (4C 16/04/2019)
Difference: just under $80k pm

This doesn't adjust for increased costs reasonably expected from increased sales.