So the last report showed Annual Recurring Revenue was around $13m.
Then we got Aprils user numbers were around $12k - lets assume we get 40,000 users for the quarter ended June 30th.
If average revenue is around $8 AUD - then close to another $4m revenue a year.
Costs were running at around $4.5m per quarter.
In summarey inflection point is business becomine cash flow positive - albeit cash lag due to recievables.
I think the quarter coming is the actual big surge with mobile and cisco kicking in with significant momentum.
The whole idea of leaving the quarterly till the last day (frustrating) is so they can give an update on the current quarter - 1/3 of the next quarters insights.
Exciting times and the buying has been fairly constant irrespective of absence of news.
DUB Price at posting:
$1.23 Sentiment: Buy Disclosure: Held
