DW8 Growth, page-14404

Staff, R&D, leases, admin etc will stay more or less the same each quarter. Q3 FY22 cash burn was $3M with $4.6M revenue. Margin was about $3M GP + $3M cash burn = $6M total expenses.

Margin is about 57% so an extra $900k revenue x 57% = $513k. Total expenses reduce to $5.5M* Q4 FY22 - $3.5M GP = -$2M cash burn.
*$500k savings of $750k total announced.

With the full $3M pa savings expenses will reduce to $5.25M per quarter. This will then reduce to $5M per quarter as DT mentioned one line item alone in fulfilment savings equates to $1M pa savings. There may be another $1M pa savings in fulfilment as well which will reduce expenses to $4.75M per quarter. Figures will be updated when fulfilment savings are announced soon.

$5M / 0.57 = $8.77M revenue for break even & $4.75M / 0.57 = $8.33M for break even.

Q4 FY22 revenue should come in around $5.5M x 20% QOQ = $6.6M Q1 FY23 x 20% QOQ = $7.92M Q2 FY23 but I have allowed $900k increases per quarter so $7.5M revenue to be conservative for cashflow forecasts.