That is the golden question, where can the revenue can go.
The exciting thing about EN1 is that it has a fixed cost structure (from the investor presentation Q1). Figures provided in this announcement indicate they were almost profitable in April, and I think with the "A$10.7k incremental daily revenue expected from new activations" that should get them there once they hit that figure, fingers crossed for a profitable Q2.
If you do the math on any $ revenue past the break even amount, with a 40% profit margin, that's where it becomes exciting - whether you consider the SP in terms of PE or Revenue per Share. If Ted can announce another $10k per day of activations, and maintain out goings, BOOM! (As he would say).
EN1 Price at posting:
4.3¢ Sentiment: None Disclosure: Held
