Revenue and profit has to snowball to just to justify the...

Revenue and profit has to snowball to just to justify the current market price, as its currently on a PE over 160.

Results were disappointing imo.
Revenue from sale of goods only increased by 14%. See note 4a, calc as revenue minus discounts and claims.
Huge increase in discounts and claims, with no explaination.
Despite receiving over $7 mil from and upfront and milestone payments, company is almost out of cash and needs to organise a loan to continue operation.
Over $ 4 mil of expenses were capitalised against intangible assets and not booked against income. The company would show a big loss if these expenses were booked against income.
Cash receipts from customers was well below sales, even with receivables decreasing during the year. Not sure how this can happen, maybe due to the "upfront" payments .

Overall, the company consumed a large quantity of money during the year, and has so far showed little increase in sales as a result.