Really pleasing result. Big take out for me is the gross profit margin rising 28% in a single half to 54%. I suspect that will improve further as advertising revenue kicks in.
Revenue should increase in the second half with many new contracts won in the 1st half.
Daz, can I suggest you read the April 2016 prospectus relating to the sale and purchase agreement for Swift Networks before you make a further fool of yourself. These shares are being offered to the Sofoulis family as part consideration for the original purchase of the business when it listed. They were to be issued upon certain performance hurdles of the company being met. They have nothing to do with management performance.
Really pleasing result. Big take out for me is the gross profit...
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