Please take your time reading the H1 if you are unsure please ask... try to avoid skim read financials and firing from the hip it can bring down your credibility.
Just to challenge a few of your points
The note 3 and again 9 comment on the seasonality of CLT's business so comparing June to December will be hard to draw a comparison so they were kind enough to put in December 2019's inventory balance to show a more comparable figure... The total value of inventory in note 9 includes the provision for obsolescence so factoring that in it does match to the balance sheet.
When you spoke about the segmented result you are right Turn left revenue figures did improve with profit up over 300% on last years H1
The other business (Cellnet ) didn't appear to grow its revenue...... and you are quite right it actually dropped 4 million but thanks to these cost savings they made improved the bottom line by 2.3 million in profit compared to last year. All in all in a pretty tough economic climate which 2020 was.. They delivered a pretty good result
Slide 2 of the investor presentation will help with the explanation on how they make money
Slide 17 explains what they predict for the future
As a shareholder and ultimately an owner of the company its your responsibility to understand the fundamentals of your investment. So while you don't hold I don't expect you to have a huge amount of knowledge of what this company does. But if you have been skimming through the financials you'd benefit from being a little more informed before posting on a thread about half yearly accounts.
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