I just re-read the 4C, and revenue growth for 20/21 will be approximately 15% over the prior year - with this obviously being impacted negatively by COVID.
And new sales were far higher than revenue at $25.6m for 20/21 - despite the slower Q4 sales total of $4.4m.
Based on the comments in this quarterly, particularly the comments about new contracted revenue that is already landing in this 21/22 FY, I would be very surprised if M7T's revenue for 21/22 wasn't upwards of $25m (30% + increase on this FY).
With around $18.4m in the bank, a second consecutive cash flow positive year , and hospitals more focussed on making decision around "improvements" - there is definitely a lot to like here
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- Ann: Q4 Quarterly Activities Report
Ann: Q4 Quarterly Activities Report, page-36
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