I'm a bit dubious about the claim that BTH will reach neutral revenue by DEC 2018. FY17's operating expenses relative to to sales was 153% and FY18 is expected to be ~146%.
Expenses are trending downwards relative to revenue but either the revenue needs to spike considerably, expenses need to fall sharply or both?
Am i missing something here?
Ann: Update Revenue growth, operating outcome, customer retention, page-15
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