I think you're reading the wrong report. They've increased their top line revenue whilst maintaining profitability? CF+ to boot. Further scale economics will kick in as that sales pipeline is executed. Their latest preso details the long lead time in landing a big ticket contract i.e. Iluka
The opportunity pipeline looks loaded with a few at commercial discussion stage, clearing field validation. In the COVID environment to still grow vs LY, it's a testament to the business and management. Crazy good.
SDV Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)