Its a very dissapointing result in my opinion. Even without the...

Its a very dissapointing result in my opinion. Even without the extra cost they incurred, it would be ver average return on 1.2% profit from $30mil revenue. They have to up their game and start increasing profits. I dont have an issue with the operating costs, but the margins are clearly not there to sustain it. Its clear that they rely too heavily on hardware sales (75% of revenue from what I can see in report) to make up the revenue. This is not a sustainable revenue stream when everything is going to cloud services. I want to see higher value items in services that drives higher margins.

It will be good to see a breakdown of revenue by sector and services to see some strategy of how tgey will in rease profits. I stocked up of shares every time it went down and am looking forward to some profits on the way up, but they need to start showing some better returns. I think they are an experienced team and have build a good basis to grow, but its now time to build on that base with higher value services. Medium to long term play for me.