ELO 0.00% $4.83 elmo software limited

IPO - ELMO Software Limited, page-4

  1. 790 Posts.
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    Noting that there is a planned growth for FY 17 a little lower, then a big target for FY18. Something to be on the lookout for.
    Growth also seems to be dependent on sales and marketing expense. A few risks might be that obviously they may fail to reach the sales targets, especially FY18. Obviously expect to see FY17 target to be blown out of the water to make everything look dandy. Big test FY18.
    Also, if big growth is needed (utilising sales & marketing expense) perhaps look for more cap raising next year.
 
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