Decent quarter. No surprises here.
FY19 will be interesting as we are a long way off $2.8m a year, however, if we secure a few larger contracts - $1m a year could be in sight.
Flat growth for the rest of FY19 implies 43x EV/Rev. Looks cheap even with no implied growth for a tech micro cap. Interesting to see how this trades over the next few weeks.
Ann: Appendix 4C - quarterly, page-4
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