Not great results although to be expected with the former Corporate business dropping substantially, and the non-comparative periods.
The $1m D&A expense per half will continue to be a drag.
The big surprise for me was in the notes.
Consumer revenue was down on the comparison and only just above $200k, below the pcp and way below marketing costs..
Need to quickly convert what they have spent over marketing to real revenue or the cost base looks way too high... It's a great product imho but needs to deliver
Also hadn't previously noted that two directors departed in Aug
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Not great results although to be expected with the former...
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