re "...confident of hitting 50-60mil in revenue from Australia alone in the near future"
You can guess the EBIDTA and eps by referring the small graph created by Pitt Street Research.
Even if we get to 'only' the 36.5 revenue (2023 forecast here below) it yields 2.5 cents eps.
I guess there are a few revenue targets to ink upon your wall
18 mill for operations cash flow positive
22 mill it seems for overall business EBITA profitable
36 mill for 2.5 cents eps
50-60 mill for 5 to 6 cents eps (seems every 5 mill of revenue yields 1 cent eps after EBITDA positive)
The 3 contracts in quick succession (over 5 weeks) makes one think commercial momentum has been gained. Different industries and different applications. And all in growth areas. Well done de.mem!
re "...confident of hitting 50-60mil in revenue from Australia...
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