This business is still in an early phase and with fairly big investment in P&E relative to their size, it is understandable to have a fair error margin in forecast vs actual. In fact they have done well making $4.7m EBITDA and getting to a position where some significant deals in Asia are possible.
News: WNR Wingara AG Says FY19 Revised EBITDA Forecast Between $4.7 Mln -$5.0 Mln, page-3
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