Dec 4 (Reuters) - Icar Asia Ltd ICQ.AX :
* 2020 WILL BE A STRONG YEAR FOR ICAR ASIA WITH REVENUE CURRENTLY EXPECTED TO GROW BY 50% OR MORE ON A YEAR TO YEAR BASIS
* REACHES EBITDA BREAKEVEN IN NOVEMBER 2019
* GROUP IS EXPECTED TO BECOME CASH FLOW POSITIVE IN SECOND HALF OF 2020
* EXPECTED TO BE EBITDA POSITIVE IN AGGREGATE FOR FY 2020