Ann: FY18 Results Investor Presentation, page-4

Given all the negativity over the last 2 years, I think this report was better than the last ones.

Assuming they can maintain the Q4 performance over FY19, this would mean EBITDA of around $20 million.

Their previous comment was that "Q4 will be more representative of the business's future performance", so if they indeed deliver on that that's decent growth. I can see their outlook comment now is "double digit earnings growth expected", so a more reasonable EBITDA would be around $17 million.

This gives an EPS of 17/140 = 0.12$ per share or a rather undemanding P/E of about 4.5.

Of course the management has a good history of underdelivering, but I will be holding for now and maybe consider adding more after their AGM in October reveals more about FY19 guidance.