YPB Group Ltd. provided updated earnings guidance for the year to December 2017. The profit expectation is maintained despite a three month delay in the expected timing of breakeven from the end of March 2017 to the end of June 2017. This slippage is due to contract closures taking longer than expected and therefore first revenues from these deals flowing later than expected. The primary variable in achieving the stated 2017 profit expectation is conversion of opportunity into revenue. If revenues are not achieved as expected, profit will not be achieved as expected. There are, however, solid reasons to anticipate strong and sufficient revenue growth despite some unexpected delays in 2016. Finally, in considering whether the revenues necessary for profitability can be achieved, it is pertinent that the size of the opportunity pipeline and potential revenues currently in development are well ahead of the revenues necessary to achieve the company's profit expectations. In other words, only relatively modest pipeline conversion rates are necessary to achieve revenue and profit targets. 2017 profit outlook confirmed at $5 million pre-tax. Annualised operating cost base reduction of 40% by mid-2017 following strategy refinements.