SD - I would love to share that optimism but that graph and previous indications do not ring true to your estimates. Q1 for TZ has grown year on year by about 1 million in revenue. A more realistic approach would be a $4 million outlook for Q1.
Now this may seem negative but more realistic. Most organisations will try and jam as much sales into the EFY to help their overall FY figures. Most of this is due to sales needing numbers to hit budgets and KPI's attached to their commissions before the calculator resets.
Now 4 million may not be a the great hieghts you have set here but will have TZ in a break even for the month considering cash in bank, COGS and overheads.
I would say, if anything is to swing in TZ's fortunes they need to build on Q2 growths from previous years. As per your graph which seems to be when this company seems to produce its best results.
The question will and always remain that generating revenue is great however with current figures in their statements they need to this finicial year generate over 30 million in revenue to turn a profit as COGS and overheads remain constant.
So after Q1 if only 4 million sales is posted, unless something else is on the horizon to chase another 26 million in 9 months will be a massive effort. Not impossible but improbable.
For everyone's sake let me be proven wrong in 2 weeks and hope that SD's forecast is correct.
As for playing the man. He is the highest paid employee of TZ limited and as such should be held accountable for the performance of this company. I could only imagine how that money could be spent on people to work full time on turning this potentially great company into the money making machine people invested in originally.
TZL Price at posting:
6.7¢ Sentiment: None Disclosure: Not Held
