It's all good and well your thoughts but we are yet to...

It's all good and well your thoughts but we are yet to break 9 M revenue Q that's firstly what we need to achieve. ✓

They are talking atm 300k plus a month ontop of where they are now in the next 6 months. If that is the case $9.0-9.5 revenue Q are more likely. They also haven't been including tech deployment into the numbers which is a few million a $$ M a year at least we need to cover through revenue growth.

Revenue Trajectory ( Short term)

The business has FINALLY been more transparent around the process to actually get the revenue in the door. It's appears 12-18 months is more realistic for full integration based on what we are seeing so far.....

and high share of debt % is handed over. What's the market expectations of that new revenue maybe 50-60 percent a good result? ( it's unknown)

NOTHING guaranteed, however 700k up to 1.7 is good but they need to show that scaling . If they can do that more confidence will come from market participants.... ( currently out of $9 5 M ish of potential revenue in FY23 in new business we have generared $1.7....less than 20 percent ) That's well below market expectations and the price reflects this atm....

realistically I don't see a 10 M a quarter month in the next 2 Q maybe by end of the year.

✓ Upside is Massive
✓ Need to crack $9 M
✓ 10 M by years end ( run rate of $40 M)
✓ Upside with Big 4 bank, insurance wins is $$
✓Upside in bringing in share on new business

Market gave them the benefit of the doubt for a good stretch now they have got a reality check as we all expected 9.5- 10 M Q now.....

At this Price it's probably 5-6 cents below what credit corp is trading on revenue sales multiples but 2.5-3 times revenue is where the market is atm.

My Breakeven low 50s as many long term holders be 40-60. Hold the faith but they have work to do


DYOR