Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-27

the costs are associated with the employment of 64 more team members to the Novatti business.
They’ve increased from 64 to 132 currently- this also includes new banking executives from multiple different banking companies.
The difference is we know what the costs are associated too rather than guess work. I’d rather have a bigger team to increase the TTV than have the same team squeezing a smaller footprint on expansion.

In addition there have been licensing fees and COB with new markets in Malaysia, Thailand & others.
Acquisition costs of acquiring a business comes at an expense and is time consuming in the process. This would have been in this also.