P/E calcs, page-2

Outstanding jump in Receipts from customers &
$1,003,000 in net cash from operating activities
About bloody time

Last 9 Quarterly's below
December 16, adjusted removing R&D

	Column 1	Column 2	Column 3
0	MARCH 2016	MARCH 2017	MARCH 2018
1	$6,973,000	$9,412,000	$28,804,000
2	$366,000	($1,350,000)	$1,003,000
3	JUNE 2016	JUNE 2017	JUNE 2018
4	$7,509,000	$18,692,000
5	$421,000	$704,000
6	SEPTEMBER,16	SEPTEMBER,17	SEPTEMBER,18
7	$10,190,000	$23,575,000
8	$90,000	($563,000)
9	DECEMBER,16	DECEMBER,17	DECEMBER,18
10	$8,510,000	$15,385,000
11	($660,000)	$136,000

Shareprices below using PE of 15 & assuming 1,000,000,000 shares

	Column 1	Column 2	Column 3	Column 4
0	CIRRUS	NETWORKS	SHARES	1,000,000,000
1	NPAT	EPS	SP / PE X 15	MARKET CAP
2	$500,000	0.05	$0.0075	$7,500,000
3	$1,000,000	0.10	$0.015	$15,000,000
4	$2,000,000	0.20	$0.030	$30,000,000
5	$3,000,000	0.30	$0.045	$45,000,000
6	$4,000,000	0.40	$0.060	$60,000,000
7	$5,000,000	0.50	$0.075	$75,000,000
8	$6,000,000	0.60	$0.090	$90,000,000
9	$7,000,000	0.70	$0.105	$105,000,000
10	$8,000,000	0.80	$0.120	$120,000,000
11	$9,000,000	0.90	$0.135	$135,000,000
12	$10,000,000	1.00	$0.150	$150,000,000