Discussion, page-44

Yes congrats to the few of us who know about the company!

Now that they've given revenue guidance i'm not as interested in the quarterlies, although it's a good way to track progress.

On the call after the result they did mention margin expansion - and in their release. They said in Q4 gross margins will 57.5%, so let's hope that nudges 60%, which would give us roughly $30m in gross profit. I expect opex to be late 20's, so a few million in free cash flow. They've been cash-flow positive in the last couple of months too.

I hope they can nail more enterprise deals - even if they aren't as big as IBM, to give momentum going into future years and to demonstrate their product is market leading.

I'm thinking around $3 is a fair price given their forecast and future potential