BPP babylon pump & power limited

Ann: Quarterly Update and Appendix 4C, page-3

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    Pretty good quarterly report. Was pretty much breakeven, after asset purchases, which is exceptional. Repayment of loans, maybe because of new facility coming up? Costs are under control, and revenue is building nicely.

    With still 500k in the bank and finance facility increased by 1.7m, theres over 2m to fund growth, no need for capraise. With more contracts secured during the quarter, that means next quarter should be a good quarter again, of atleast 3m of revenue. Yearly revenue rate would be more than 13m next year, atleast. Looking good thats for sure.
 
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