12m Target for FY20 still locked in. For EVS to achieve FY20 target they need to write on average 1m ARR every 2 months.
Would be reasonable to expect some whales will make up part of this growth, deals would be fairly well progressed to be forecast.
All we need is a whale to be signed and EVS will rocket to 20c.
Seems to me like the risk over the last 3-4 years has now been significantly reduced. We saw considerable growth in FY19 and FY20 has been locked in to double.
IMO significant upside has yet to be factored in post the recent earnings update.
Need a solid announcement to kick this SP north....
Crystal ball thoughts on where the stock will be trading in a years time if EVS hit 12m FY20 anyone....?
EVS Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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