This 4C will be pretty important tbh, it will show us if it will be the last capital raise or not before profitability. Debt will need to be repaid soon so i'm looking at around $1.5 mill in cash in hand for this quarter for safety. Iain also mentioned they were 20% ahead of budget for this quarter in the Annual Report, so personally i think this quarter's growth will be 10-15%, which should put us about $8.3-$8.7 mill revenue. But this does assume about ~$1.5 mill in loss for the quarter due to development costs. That should go down next quarter with the development finishing up, and revenue increase through RACV should be more than enough to have us at about $500k-$1 mill profit. If all that happens, i'll be topping up pretty heavily as we should be cash flow positive from thereon.
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This 4C will be pretty important tbh, it will show us if it will...
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