My speculation would be lumpy development work from time to time. For example, FMG's Infoscope development purchase orders for $300k announced in July. That would turn $1.1m revenue into $1.4m if in FY18.
Speaking of revenue, based on precedent, quarterly revenue guidance should be released any day now. There's been a few project wins of late: FMG $300k (Infoscope), Arc $200k (Fieldreach) and
Western Power $900k (customer solution and human capital solutions for 13 months). Plus also run-rate recurring software revenue.
If released, will be interesting to see where the guidance comes out, hopefully around the $1mil.. In any event, nice to have in the background while they execute the new SAP opportunities.
K2F Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held