Ann: Appendix 4C - quarterly, page-2

This is disappointing. 
15% revenue growth compared to same period last year is not growth, that used to be our inflation rate.
Again, revenues from the larger deals are not coming in yet and there is only enough cash to fund 12 more months.
New website is delayed by one year in the mean time.
From the AGM presentation, it was a relief to see that the Bank of Ireland deal is no longer the only revenue generating customer, but more deals need to generate sales.

More dilution coming in the next 5 months.

anyone have any thoughts on what is happening here?