Aussie, this picture speaks volumes: that's a lot of staff for a small operation in a single country. Here's the staff costs alone YTD:
- Q1: A$687,000
- Q2: A$890,000 (+30%)
- Q3: A$1,064,000 (+20%)
Given IOU's 'tech' model is so employee-heavy, can you imagine what it would cost to expand into another territory?
On another note, wasn't there a roadmap due by 30 June?
Ann: IOU Gains Shariah Certification & Signs PayHalal Agreement, page-78
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