Looks like ai still growing strongly. We are growing strongly too.
Get through 8p and we will be away.
dyor |
Yes hopefully more good news will follow and a break through and above 8p will bring chartists on board, fingers crossed for further good news.
dyor |
The original contract, announced on 10 July, 2024, has now expanded from 900 track miles to 2,000 miles and includes the addition of a second Cordel Rugged LiDAR capture system for G&W's American Region railroads. |
Excellent rns today, building further in the US along with the recent rns in the UK, we are steadily growing around the world, bit by bit.
dyor |
Nice 300000 buy at the close.
dyor |
For heavens sake look at the growth percentages from 4.4m to 6.2m and a target around £10m in the next year or so. I am happy to wait until the revenue really kicks in, then profitablility and dividends in the years to come. |
rochdae, referring to your comment: “Revenue plan is 6.2 million revenue. I suppose if you just don't believe what's clearly stated that's up to you”
I suggest you listen to the above interview given by the CEO this time last year. He clearly stated he was very confident of achieving FY24 revenue £4.7m. It came in under at £4.4m. He clearly stated they would break even in FY25 with £7m revenue. That was another dud forecast as the figure has been walked back to £6.2m. He clearly stated he expected £10m in FY26. That has subsequently been walked back to a vague FY27 or FY28. My point is they have a track record of over promising and underdelivering on revenue forecasts. That’s why I don’t believe they’ll achieve the FY25 forecast. It’s also noticeable that they’re talking for the first time about having poor payers. |
And more, someone is going to come for us.
dyor |
We will have our turn nice big buy. dyor |
Nice big 500000 buy at full ask 7.75p/ dyor |
Yes once through 8p, we will zoom. Dyor |
Also, there were two contracts that slipped into H2 which explains the 16% increase in revenue ... those contracts will boost H2 significantly. |
They said [The}steady growth of the total mileage of railway track under long-term data management and, combined with new analytic services released in 2024 and planned for 2025, gives us confidence in achieving our revenue plan for the fiscal year to 30 June 2025.
Revenue plan is 6.2 million revenue. I suppose if you just don't believe what's clearly stated that's up to you.
We seem to be getting new customers or extensions to existing customers around one every 3 weeks. In fact new business is accelerating if anything.
Going to be a great year imo. And there's always the possibility of a transformational US contract in the wings.
Nice drop in cost of sales, too. |
Steadily getting there like many US tech stocks. |
fy24 revenue split was H1 2m H2 2.4m.
In order to achieve fy25 revenue target of 6.2m the revenue split will have to be H1 2.3m H2 3.9m. This implies 63% growth in H2 versus last year. I don't see it. Last autumn I mentioned they'd failed to meet the fy24 revenue target and had kept that quiet. They also revised down the fy25 target from 7m to 6.2m and as I say I think they'll fail to meet the revised target. None of this is mentioned in paid for hype research. The Cavendish tp of 11p is based on reaching 10m revenue. This used to be slated for fy26 but is now said to be fy27 or fy28. |
Some good 100000 trades looks like we are getting noticed, need to push through 8p.dyor |
The loses are dropping and our costs too. Profits around the corner from rail, then onto roads.dyor |
columbaruis To be fair they never give figures |
Nibbling continues push the bid higher now.dyor |
Nibbling above 8p, come on Cordel.dyor |
Revenue will rise as mentioned in H2, keep raising until we are profitable, not a problem with me. Draftlings in the US are losing money and worth 20bn. Very happy with the progress we will go for roads in time. Dyor |
Get some buying and we could raise the bid and get through 8p, today might be the day.dyor |
Good solid results and comment, revenue increasing, costs lowering and losses too. Impressive customer wins and talk of possible new customers on top of the ones just announced. Excellent progress and positive talk regards H2. Excellent dyor. |
Big buy at 8p, little retrace then surge through 10p. Dyor |