Well, fact is, if they can keep up with this numbers and maybe even improve them through further diversification, well then I believe a recovery to the previous highs of $2.34 are very much possible.
July = $800k+ If IFSL can keep it up, we are looking at an $2.4M rev for Q3. Take a 23% return from revs and you get a $552k profit for Q3. Count in no futher growth but a sustained rev n° for Q4 and IFSL could end the year with a $1,27M profit.
Take a conservative P/E of 25 (FYI current S&P500 P/E ratio = 22.67) with O/S = 22.25M shares results in a fair pps of $1.43.
==> Repeat these numbers for a full year of sustained revs and you get a $2.2M profit and fair pps of $2.48
Count in some momo, the right time for the right product, positive future outlook,... and a break through the old time high of $2.34 isn't unlikely imo.
Guys/ladies: take in account that the post above is pure speculation from my part! It's placing the current available info on a plate and be creative with it. Nothing more, nothing less.
Grtz, Ash