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My pleasure. I also liked this paragraph although it's rather...

  1. 346 Posts.
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    My pleasure. I also liked this paragraph although it's rather speculative ...

    The revenue for April had grown 19% from the previous month to $357k in April alone. If this growth was at 10% compounding then by April 2016 revenue would be over $1 million per month (revenue growth since Sept 14 has averaged over 20% per month) at 20% growth this would give revenue of $2.6m per month by April 16’ and over $31m annualised revenue from this point. This revenue growth was driven from the expansion into the two new provinces and with 27 more provinces in China, there is a very big opportunity ahead for SmartTrans. Bryan Carr the managing director commented that they also have a number of other exciting initiatives in the coming weeks. Bryan along with the board have formulated strong relations in China and their work has brought the company to where it is today.
    Last edited by fromwell: 25/05/15
 
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