WFM 0.00% 3.9¢ webfirm group limited

no brakes ?, page-9

  1. 1,079 Posts.
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    Can't see your motives for downramping here The Pro but if you can offer something tangible for consideration, more than welcome and I'll happily read it.

    No speeding ticket, fine, who cares - no big deal.

    10% down, so what ..er, unless you're a day-trader.

    Decrease in revenue - 1.3%, again, no big deal in the current climate.

    $7.3M loss - majority is on salaries which are too high (talent, experience and notability has it's price though) BUT a good part of it is on the opening of new offices in the UK and USA - absolutely essential for future business & revenue.

    Employee Share Options - again, too many there BUT nothing unusual AND no new ones have OR WILL BE issued - they admit it's not the way they should be 'rewarding' each other.

    Oh, nearly forgot, they've been PROFITABLE for the 2nd half of the year - seems you missed that highlight !

    Still almost $14 million cash - nothing wrong with that..

    Beta testing successful internationally and launches of full suite on it's way by end of the year - good progress made.

    It's obviously not for some but that's the great thing about freedom of choice.


 
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