If I had to breakdown the $1m minimum expectation it would be:
- $500k school revenue
- $ 500k Linewize and direct subscription revenue
I think maybe the second is a little conservative given that was effectively what they achieved in Dec quarter (which had no school revenue) and there has definitely been growth, so maybe I'd be comfortable upping that to $600k. The school revenue could well come in higher too.
I don't think the o/s telecommunications will add too much just yet as still in ramp up phase.
Cdchi1
FZO Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held