>>60824618
lumpy revenues, they are in a business of one-off hardware contracts until the recurring revenue keeps growing (US$25/month per schoolbus, etc), note how the profit margin was increasing

last year included a $9m one-off contract, the one-off contracts this year got delayed coz of tariff uncertainty but thats fine. if my coinflip math is right Q4 is going to hit $16 million revenue which would be a record revenue.
if im wrong and it's only $13m revenue it doesnt matter because Q1 (starts September) to Q4 next year is going to be set up for 100% YoY revenues because of a single contract (US$22.9m = $31m) that alone would be almost as much as they made in a year previously, pic related