As at January 2009 there were 65,000, so 5000 new customers have been added in the last 5 months. Consistent with the approx 1000 per month new customers added by MNF in the last 2 years.
There is clearly no slowing up of growth for MNF here and given that they had achieved $8M in cashflow receipts as at 31 March 2009 I believe that will easily make the forecast of between $10M & $11M in revenue by 30 Jun 09.
FY08 Full Yearly Revenue was $6.8M
FY09 1/2 Yearly reported $4.5M Revenue with a maiden profit of $40,000
If this is not a early buying signal I don't know what is....good luck getting your orders filled at current SP.
MNF Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
