General Discussion / Social Media, page-463

Re: From the last quarterly report, the company said it has secured $14.8 millions contracted revenue for the first half year FY19,
This is an incorrect statement and understanding of the statement made in the quarterly report.

The actual statement was: "At the end of Q2 the contracted revenue which will be recognised in FY19 had increased to $14.8 million (up from $11.1 million at the end of Q1)."

This is effectively giving guidance for full year FY19 revenue to be recognised in the accounts of $14.8 mil. By stating that this is the "contracted revenue" shows that they are only relying upon signed contracts, not relying upon expected future sales or contracts.
Thus the guidance is very conservative and likely to grow during the year.

With a full year revenue of $14.8 mil, an estimate of the first 8 months of FY19 revenue would be $14.8/12*8 = $9.87 mil
Fy18 revenue was $4.2 mil, so 4 months worth is $1.4m

This gives a total of $11.3 mil, still well short of the $15 mil hurdle.