With all due respect, i don't think the market will be looking at the historical 2017 result. We have guidance for first FY18 qtr 1 annualising $50 mil revenue, but growing 25-35% QOQ... consistently. Even if you assume lower end growth through FY 18 , 35-45% margins and circa $15mil cost base ?? Cheap. Different company, but have a look at APT... fY 2017 loss announced last week, (small profit stripping out merger write down) , similar low cost base and rapidly growing revenue. Stock spiked on fact revenue growth will start dropping to bottom line..
BIG Price at posting:
$1.50 Sentiment: Buy Disclosure: Held