On first impression not the greatest result.... however after reading through the report thoroughly and digesting it all I'm really happy with it.
The bad -
TTV down
Sales down significantly (almost 30%)
Gross revenue down
Results much lower than last period.
The good -
Commissions generated up with a large increase in average commissions generated
Revenue good, still much lower than last period and more inline with previous results
IBN international gaining traction.
Large settlement book
Leads up 38% on prior quarter!
Acquisitions before end of FY?
Will be interesting to see how the market reacts. I'll be looking to buy more at these prices.
Ann: Appendix 4C - quarterly, page-3
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