An expert for payments company iSignthis does not believe an analyst who used the firm’s $3.5 million revenue for a single quarter to calculate an annualised $14 million figure was making any type of forecast about future numbers.
Patersons analyst Martyn Jacobs, in an emailed note on June 26, 2018, stated iSignthis was close to achieving a $5 million revenue target after generating $3.5 million in the final quarter of 2017-18. The email also included the analyst’s annualised run rate for the revenue of $14 million.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
