Ann: Wellington Drive releases its 2016 financial statements, page-4

Another great announcement. For the first time they have announced the global brand (see Mr Gonzalez as executive responsible for relationship with Coca Cola!) Ebitda could have been much much higher except for roll out and staffing costs associated with ECR2 and SCS connect. Don't expect dividends but then that isn't the phase the company is in. It is in a growth phase..revenue will exceed $50mil for 2017, EBITDA $2-5 million for this year has been well flagged (since 2016 AGM) so the SP increase is what will happen because the value of the company is set to rise. In fact retaining some cash and producing profits while expanding revenue streams through improved technologies is what this company is about for about the next year - 18 months. This is an exciting growth phase for which WDT is well positioned.