Ann: Institutional placement-PEH.AX, page-21

Statement from Robin Omerod from the ShareCafe article…
“Consulting has been a tremendously valuable foundation, and it is the wellspring of the ideas that feed into technology, from the practical experience the consultants get; but we do see technology being 90 per cent of revenue within three to four years”
Group revenue FY2014-15 $14.8m
Approx 90% from consulting arm FY2014-15 $13.32m
Assuming consulting revenues are constant and technology accounts for 90% of revenues based off this figure revenues could be as high as $133.2m in the next 3-4 years. Also a substantial increase in NPAT will be realised as Envirosuite subscriptions are setup and in particular renewed where site installations have already been completed.
Very rough “back of the hand” calculations but appear reasonably credible giving it is one of the company founder’s opinion. IMO