Wow! Super low EV :p Risky to annualise revenue with young...

Wow! Super low EV

Risky to annualise revenue with young companies but if we did (and there's some track record from prior 12 months' trading) we're looking at ~$1.1m revenue. We're starting from a low base, so it will only take a couple of decent contracts to impact the cfs. If a decent portion of expenses represent inventory, as Inferno suggests, the next 3-6 months will hopefully start pushing that annualised figure up closer to $2m, which, for an $8-9m ev operation, isn't demanding at all.

Happy to give the benefit of the doubt that cash will catch-up to accruals next qtr.