ELS 4.35% 42.0¢ elsight limited

Ann: Elsight to enter lucrative market of Autonomous Vehicles, page-230

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    Is that $1.5 Billion loss accurate?...if so, when will ELS become profitable?... " So far (up to the first half of 2017), Elsight is not profitable. Its revenue grew by 20% to US$402,000 in the half, in comparison with the corresponding period of 2016, but it lost US$1.5 billion. "The company can certainly be profitable, but it is growing substantially and taking on workers, because we have an enormous business opportunity," says Furstenberg. "This is one of the things that makes Elsight interesting to investors."
 
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