FRX 0.00% 0.7¢ flexiroam limited

Not great results although to be expected with the former...

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  1. 326 Posts.
    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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