'FY22 revenue guidance of between €12.5 - €14m'
For the half year ending 30 June 2021 they had revenue of €3.4 and a loss of €4.4 with a Gross profit margin of about 60% and expenses of €6.4 (12.8 annualised) So if they increase revenue to say €13m by FY22 @60% = €7.8m assuming they maintain their gross profit margin. I would assume as they expand their expenses also increase with additional sales & marketing, staff etc. Even if they somehow kept their expenses the same you get Net loss of 7.8-12.8 = €5 million. Improvement from the €9 million loss for FY20.
Need profit to have a positive PE as we have a negative EPS.
Happy to stand corrected.
'FY22 revenue guidance of between €12.5 - €14m'For the half year...
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