Could even be $29m?
The numbers have been horrible until now.
A good-sized major order of, say, $12m only adds $1 1/2m to q4 as of now. Trend is $7m or so. 7 plus 1.5 and add 22 equals 30.5.
Unless the trend of SME orders goes crazy (and we can rule that out for October), my $34m is almost impossible as well.
And this is the consolidated group of Wave and Safend.
Ouch.
Even so, I'd welcome a major order just for cash flow alone. Otherwise, we're going for a dilution every month just to keep the lights on.