That is great YoY growth. I'll be excited to see the whole FY18 compared to FY18. We will be close to 100% growth! Yeaaaahhh, sooooo terrible..... lol
Though, it has been indicated from Roger post audit process the FY17 will be corrected to about $1.5 Mil More than thought so about $8,130,973. (Oh no! lol)
Thought there is also a couple hundred grand more in Q1FY18
Q4FY17 was about $3.2 Mil, so we can expect a $4+ Mil Q418 given a comparable growth rate. Certainly many things can greatly spike this. However I've mentioned before I love the ability to rely on steady linear growth while have many many opportunities for explosive revenue growth.
If we consider the revenue changes post audit we will need approximately $4.4 Mil in Q418 to have 100% YoY amazing growth!!! Not bad at all! A very fair chance of that happening.
I am incredibly excited about this years Q1FY19. If we see 35% on that Q, that would be the first 8 digit Q! Even we don't make it, and great about the same awesome $6 mil Q is great. We all know the future for sure, where every Q is 8 figures, even in the slowest of quarters.
I love the Q being in the fully reporting format. Continued evidence of where this is all going.
I have mentioned many times, and having had the experience for the past 2.5 decades in Silicon Valley start ups, EVERYTHING takes longer than one wants, I've seen companies move way too fast and lose control as well. Building a real company of value takes time. I love the growth rate of AMFE, responsible and controlled. Identify solid undervalued opportunities and / or aligning the supply chain, and making the whole greater than the sum of the parts.
Invest to where the company will be!
Focus Forward
$$$$ AMFE $$$$