General Discussion Thread, page-2

not wanting to comment to much but just thought you guys would be interested in a comparison with another company valued at much more than en1 which i dont think it should be, SPT ( splitit payments)

interesting to compare the revenues of both companys

Consolidated Statement Of Income (In U.S. dollars
2018 2018
SPT
Current MC 351 million
Current cash 309k
revenues 789k
cost of revenue (400k)
gross profit 389k
operating expenses ($3.9 million)
total net loss ($ 4.6 million)

just looking ahead if en1 was to remain at $US40k a day for the full year
( of course we know revenue is going to increase and costs decrease thru out the year.)
and costs remain fixed at 375k US ( $527kAUD)
2019 $AUD
EN1
current MC?
current cash?
revenues $14.6m
cost of revenue $ last years was 7 million
gross profit $ 7.6m
operating expenses $6.3 m
total net 1.3m gain LESS EBITDA

given this I dont see why EN1 could not be at around a 350m MC at the end of 2019, not trying to upramp just showing two asx listed companies and comparing them.