That is the golden question, where can the revenue can go.The...

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).