Forum Topics ART ART FY21 Forecasts
japanesebird11
Added 5 years ago

Hi Straws,

Today ART upgraded their FY21 revenue forecasts to $25.5-$26mil (from $24.5m). Great news, always good to see a company exceed expectations on listing...
But according to the quarterly appendix, the company has already brought in $22.7mil from customers, including $8.25mil this quarter. Wouldn't that then assume they only need ~$3.5mil to beat its own upgraded expectations? Or am I missing something? Like I'd be more worried if it wasn't pocketing more then $8.25mil in this coming Q4 considering its a growth story.

Keen to hear peoples thoughts. Cheers.

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