If we assume a linear quarterly increase of $500,000 (QAU increase of 2.4 million) in revenue per quarter we would have $3.8 million per quarter by the end of Q3 2020.
If cash receipts stay at 60% of revenue then we have cash receipts of $2.3 million by the end of Q3 2020 which would not cover even todays costs.
A 30% quarter on quarter increase in revenue would see us with $5.0 million revenue ($3.0 million in cash receipts) per quarter by the end of Q3 2020 which again would not cover costs.
So that tells me that SYT are hopeful of achieving far better than we have had to date.
At the moment they are only saying "targeting" cash flow break even.
As always we wait on the next quarterly report.
No thumbs up please (LOTM yet to respond).
