Still unsure what you're getting at. On $40m of sales (which I...

Still unsure what you're getting at. On $40m of sales (which I still think is questionable for FY09) assuming a 25% profit before tax margin (which is very generous, remember 2H08 was 17.1%) would give profit before tax of $10m. Then apply the appropriate tax rate. The company still has -14m of accumulated losses so they may not pay tax next year.

The above is not a forecast, in fact I think $5 - $6m NPAT is more realistic for FY09.