Any explanation for the big jump in working capital? May be something to do with the extra trials/rollouts this quarter. A portion may be recoverable as well as per the Dec 14 quarter.
Other than that very happy. Coming along very nicely, growth in the potential pipeline, growth in trials and growth in installations.
Most happy with this though:
"Significant growth in total registered user base from 644,000 to 880,000 unique users quarter on quarter
Significant increase in network usage by registered users: growth in Wi-Fi sessions of +31% quarter on quarter"
At the end of the day, SKF is a data analytics business. The more data they can gather, the more valuable they are to advertisers.
Ann: Quarterly Business Update and Appendix 4C, page-3
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