Ann: Market update - utility contract amendment & rev impairment-BIQ.AX, page-38

I was in this at IPO and was aware that it was fully priced but was sold on the offering and that they already had a revenue stream. The below was in the prospectus and the second pic was their actual earnings for FY15. They actually exceeded their revenue target by a million but also their loss.. But 200% growth is not bad... With many SaaS type companies, if they were to continue getting increased revenue, the costs associated with staff and infrastructure will not go anywhere near up at the same rate. No reason why they could not have turned over say 9 million in revenue and a 2mil profit for FY16. At $1 a share that is only a PE of 40.... not bad at all for a growth company... but unfortunately it looks like they will not get there.