Ann: Full Year Statutory Accounts , page-4

Exactly what I thought when I saw the FX impacts... just means the best is yet to come.

As for conservative commentary, I noticed this myself. So I went back 1 year and noticed VERY similar wording in the previous FY report...

What I don't like is that they haven't managed to turn a profit within BeyondD. A part of me however thinks that they did this purposely (following a bad half-year), so as not to pay the deferred consideration of 300k... Probably not, but it's possible.

Even if things stay the same, there'll be a profit increase just from the FX changes. Discount for cash, and this thing is still cheap... (Although I'm liking my average purchase price of $1.05)