DUB 11.1% 2.0¢ dubber corporation limited

It’s still all smoke-and-mirrors to me HC From the $1,969,000...

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  1. 201 Posts.
    It’s still all smoke-and-mirrors to me HC

    From the $1,969,000 Revenue for FYR 2017, $1,458,181 of this is from the R&D grant payment
    [Reference Part 9 on Page 6]

    Without the R&D grant revenue only increased by $53,118 from 2016!
    [2016: $457,699 2017: $510,817]

    That’s just over 10% growth in 12 months with ‘18+ signings’ + all signings that they secured prior to their 2016 ’20 telco’ target.

    The numbers don’t lie.

    2017 Revenue: $510,817 (excluding R&D grant) at $9.85M cost
 
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