In the last presentatio back in May:
EBITDA > $0.5 million and clear pathway to $5-10 million; net pre-tax operating margins > 10% and ideally in the range of 15-25%.
• Recurring revenues > 50% and no customer greater than 25% of total revenue; strong outlook of revenue growth and a clear pathway to A$20-50 million annual turnover under TCN ownership.
So they're aiming for EBITDA of $5~$10M and revenue of $20~$50M
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Ann: New Maintenance Software Supply Contract-TCN.AX, page-6
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