Costs (based on 1H23) are running at ~17m per quarter so revenues of $17m and Gross Profit on ~10m means that they lost ~$7m this quarter which mean YTD 3Q23 they are PBT ~ -2.5m
On a blended gross margin of ~60%, they need to generate a gross profit of ~18m (so revenues of ~30m) to stay PBT positive for FY2023........I can see why they flagged FY2024 as cashflow and pbt positive (3Q & 4Q have historically been much slower than 1-2Q)
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