no, you're quite correct haro... the EBITDA was expected closer to breakeven than the $1m loss. I have spoken with todd regarding this and very comfortable in the explaination and have bought more today.
it was never forecast as going to be NPAT without the tax adjustment, and that has been stated all along... so there just isn't any surprises in that.
i am happy with breakeven/the loss because i understand what fundamental changes were made last year to put itself in the right position for the year ahead... there are very large profits to be made going forward.... on the back of the atm and related products growth/acquisition obtained already along with a full year of indue, new business for indue, and the eftpos to kick into gear from nov 17...
STL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held