My figures in my post above are are net of the Rail operator's cut.
In this announcement, the revenues is only net of reseller (APO), thus September annualises to ~$4.2m. The Rail operator gets 30% of this amount which leaves ~$2.8m for XTD. MY estimates are a guide more then a prescriptive forecast as the unknown for calculating is what the company's corporate expenses work out to be as well as the uplift in D&A for the CAPEX on Brisbane. I'm waiting for a clean set of results from the upcoming half year report to guide these parts better.
XTD Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
