trying to get a handle on int, page-2

Hi Joe

4 cents = $77m

25% operating margin (previous guidance)
$30m revenue
EBIT: $7.5m
NPAT: $7.5m (plenty of losses)
PE: 10 times

My best guess based on announcements is minimum $13m of revenue this year, yet don't expect 25% margin in first year of profitability. Thus, over a couple of years, $30m may be within reach. However, if they are growing at this rate, and producing good profit numbers, then the sp will probably get ahead of itself and exceed 4 cents, much like over the last 6 months!

But, just my view and DYOR.

Cheers
PViews