Ann: Annual Report to shareholders, page-4

  1. 1,384 Posts.
    lightbulb Created with Sketch. 216

    The much touted Revenue is up $600k in FY 18 to $6.462m, which presumably would be something to gladden the investor heart

    https://hotcopper.com.au/data/attachments/1328/1328163-5fe41a40419c1b307be76566b03469b9.jpg


    But, again, all of this improved revenue, including the sale of the capital labs business came from other IQ group companies.

    https://hotcopper.com.au/data/attachments/1328/1328174-35f5b6ee1101939cc8cb0929e2797fd1.jpg


    While the spin has always been that IQ3 is "the worlds first corporate finance and advisory firm committed to supporting Life Sciences companies", it appears they are only supporting themselves.


    Is this organisation ever going to front up to the fact they have never had a paying customer that is not a related party?


 
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