I will not argue with your comparison of revenue, 06 to 07, the numbers are there for all of us to see. This could not have been a surprise to anyone, considering they discontinued SMART car sales.
But, considering the contracts announced in Q2, it seems plausible (to me anyway) that Xebra deliveries of even 500 units per month (half capacity) could create a revenue stream of several million $ per quarter.
Profitability based on this, I would admit, is still dicey. But I would also submit that the market would react as strongly to revenue at this point, as earnings.