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22:19
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Originally posted by Twitchh:
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Just as the 98% YoY growth does not reflect the full picture. This YoY figure does not represent organic growth. Excluding ATX's revenue. For arguments sake I'm going to say that ATX revenue this most recent quarter dropped to lets say 4.5M based on the phrase " this is largely attributed to seasonal factors, in particular in the South East Asia business ATX."
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I thought it is pretty normal for the revenue to grow through acquisition or synergy. You are trying to argue that act's revenue shouldn't be included in the growth. From my understanding Novatti bought 100% share in Atx and Atx is now owned by Novatti.
(20min delay)