Quote from update:
"Based on current backlog and pipeline, and consistent with historic experience, the Company anticipates bookings and revenue to be weighted to the latter part of the year. We continue to target the achievement of a positive EBITDA run rate in 2019."
I am bullish on FLC but not to sure what to make of what has been quoted on revenue weighted in towards the end of this year....my only concern here is revenue in the current backlog of work slipping to the following year again thus reducing projected revenue targets for 2018 CY.
Any other opinions on this?
Ann: Business Update to accompany Preliminary Final Report, page-2
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