Ann: Appendix 4C - quarterly, page-3

You just know when they don't mention revenue in the commentary, it's not going to be a good day.

Revenue up $430k (1.1%). Exchange rates can't be helping. Staff costs down $500k.

Average transactions up 10%. Average Revenue per transaction down 9% from $48.18 in Q4 to $44.16.

Note: They quoted $45.60 as the average rev per order in the July commentary but I make it $48.18/trans based on the average monthly transactions in the latest table divided into pcp revenue of $37.3m for June.

Announcement at 8.30pm on Friday night!

Less spin and more substance in the commentary would improve credibility. It's not like anyone's not going to notice the first number in the report.

And what is it with that 20% increase in Merchant payments for quarter? Carry over/exchange rate. Come on, fess up.