BUD 0.00% 4.3¢ buddy technologies ltd

My estimates for Lifx, at the moment, show that break even is...

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    My estimates for Lifx, at the moment, show that break even is possible for that part of the business in FY20, if they can continue to grow at a fast pace and control their expenditure. The Buddy Platform part of the business looks like it needs a miracle to get to break even.

    Estimates for Lifx only:

    FYJun19: Revenue $50m, Gross profit margin 28%, Gross Profit $14m, Expenses $16.5m, EBITDA (-$2.5m).

    (The forecast below assumes the 10% tariff is removed and therefore the GP margin increases.)
    FYJun20: Revenue $80m, Gross profit margin 31%, Gross Profit $24.8m, Expenses $21.2m, EBITDA $3.6m.
 
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