Ann: H1 2018 Trading Update, page-34

Revenue in line this half with 2nd half FY 17 but note the large drop in EBITDA margin this half...

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	CM8
1	Subscription Division
2		1HY18	1HY17	2HY17	FY17	FY16	FY14*
3		$M	$M	$M	$M	$M	$M
4	Revenue	8.43	10.86	8.14	19	17.2	24.5
5	EBITDA	2.12	3.69	3.01	6.7	6.36	13
6	Margin %	25.15%	33.98%	36.98%	35.26%	36.98%	53.06%
7
8	* Acquisition 3 times EBITDA approx $40m inc earnouts