I like the story but just to provide the counter-balance (using...

I like the story but just to provide the counter-balance (using rough numbers):

1. Revenue from continuing ops increased ~40% yet Profit before tax decreased ~80%
=> increase in costs across the board but particularly staff and consultants
=> never a good look (at any stage but particularly in growth phase) to see the increase end up in the pockets of those close to the company as it questions whether SH values are aligned

2. Debt to equity ratio is ~25%
=> 25% is not yet in the too high range but for a growing company it needs to be managed
=> RP context makes me wonder whether the management of this is/will be aligned with all SH's interests

From what I can tell this is the latest financial releases. Does PEH do quarterlies?
Sorry if I missed it.