If you look at last qtrly you will see that the company advertised that the month of september was at only -200k EBITA
"We achieved an EBITDA of -$200k for the month of September, the best result in the history of the business."
This tells me that the company is not looking at becoming break even for the whole qtr, or the whole FY, but instead i think they will hang their hat on perhaps being break even on the last month of the FY so the month of June.
Looking at your projections, i'd say they are wrong, only because we are already on an EBITA of -200k a month, based on the last qtrly and therefore projecting that we will reach a -600k for the 4th qtr of the FY is extremely pessimistic based on the results for september.
Are results of september a one off? not sure
But based on september results, we have already hit your FY Q4 projection of underlying EBITA.
I cant tell you what our qtr will be or project going forward, because the company doesnt provide enough numbers, but my guess is that guidance has them have a 0 EBITA on the month of June or a month or two earlier.
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