RE:Relax ... wait a day or 3If I piece together recent NRs, the sales backlog at this point is $18.5 million (end of April) + three individually announced contracts of $1.1+$1.8+$4 million = $25.4 million.
There was roughly $1 million in sales of smaller stuff per month earlier in the calendar year. Reduce it to $500K to take out some slower periods.
This $18.5m was at the end of April. So, add a couple of more million to $25.4 million to get to a rounded $27.5 million. So, that is the sales that have not hit the financial statements yet. Now it comes down to when the revenue will be earned based on the timing of implementation. Record backlog by far, but I think it would still not translate into record revenues "by far". A couple of similar contracts and slew of others announced before the AGM would get us there.
So, bring on the results of those outstanding 24 PDAs which should have grown by a few since we heard of the 25.
One contract clearly does not warm up TMG to the market, but many will not be denied for an extended period of time, assuming continued ongoing growth.