RE:JeezusFor anyone sitting here for a long time, this is not the time to bail. This is the last quarter that they should be "doing the same chit". The order backlog today is $19.5 mill with $2.5 mill being won in December and January. This compares to $7.5 mill a year ago....so "doing the same chit" amounts to more than twice of it, which is far from same.
If I take this information and the CEO's statement, I'd like to read it as this growth rate of 2.5 times continuing...versus the last few pre-pandemic CAGR figure of 30%:
"“However, we are now ahead of pre-pandemic order intake levels and with new projects being identified at the highest ever rate, we’re intent on continuing this upward trajectory. Working even closer with our multinational clients we are in an even greater position to place Thermal Energy front and centre of our customer’s sustainability plans following notable team developments and investments.”