Good revenue for a Q1, $19.5M. Service Revenue now 30.7% (up (27.9%) from 24% ) of total revenue and makes up 52% of margin (up (48.6%) from 35%). Staff costs up 3%. It's hard to say how much profit (if any) the company is making but if the Product side hasn't changed then the services profit margin % might have improved a little.
Cash flow still very very tight. DYOR.
Ann: App 4C and Quarterly Report, page-2
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