We knew the DataDot results weren't going to be stellar, but was anyone else impressed with the DataTrace numbers?
Unless I'm reading the report wrong:???
- DataTrace made 230k margin on a revenue of 430k
- it made around 50% of the total profit after tax (230k/480k)
- it did so with only roughly a tenth of the total revenue (430k/4130k)
A 230k margin on a revenue of 430k! Are you serious!?!?!? Surely I've read something wrong?
If not, this is very encouraging in my opinion. If they can grow that business on the top line, the results could be amazing!
Cheers.
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