The Company has seen an increase in new customers represented by...

The Company has seen an increase in new customers represented by 21.1GWh of annual energy consumption. This takes LPE to almost 178GWh which keeps the Company on target for $22m of revenue for the FY18.

If we are billing $22 million for the financial year means this quarter will be around $7.5million. Is this how you read it.

First 3 quarters $14,446. This is a major increase, planning for the extra direct market. We havent had the increases we expected in last 2 quarters but if they achieve this goal then that means we are actually billing $30 million (4*$7.5m) at the end of June.

The forecast expenses only go up to $7,057 million from this quarter $6.314 million

So expenses up by $743 thousand but income up by (34 GWH @ $220k per GWH/quarter) $1,870m

If they achieve the goal, based on forecast of the 4C they will be in profit of $1.2m. It wont be this high as its get higher month on month, so divide by 3, $400k. Simple math, but I know business accounting is not simple.

Happy to be corrected and please expand on my estimations.