GET Excited BETalians!!!!!, page-1080

Well, I respect the fact that you could admit that you completely and hopeless screwed something quite critical up... Something many on HC are seemingly incapable of...

With that out of the way, let's consider this..
" the product manufacturing and operating cost tripled for the qtr which you would expect with upgrades and implementation of sportech into BET."

Well, they went from 2806 to 6091, but the revenue grew by a very similar amount.

For me the real key is to reflect on the fact that pm&oc's for ALL of FY21 were 34% or revenue. (7479/21971)

In FY22Q1, they were actually less, at 29% (6091/20953)

So that goes completely against what you just said really, and again, is one of the key reasons for weakness in the stock.

Even with a massive increase in revenues, of the back of a 60 odd Million dollar acquisition, they still can't generate underlying EBITDA.

Sure, that may change in time, but it's below expectations, and so the has given the market some scope to take a bit of a breath, and perhaps reevaluate it's thinking about future earnings..