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22/11/14
13:15
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I haven't seen their numbers apart from in post above.
Revenue 27m (looks ok)
Costs (12m aus + 8m usa) = 20m
NPBT 7m
Tax 2n
NPAT 5m
And there is the r&d grant plus maybe an export grant? and they might capitalise some of the capex.
And the sales could be higher.
No - I think its perfectly doable
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