Ann: Crowd Mobile reports record quarterly result-CM8.AX, page-11

$46M annualised run-rate for revenue and $13M EBITDA. This is inclusive of the expanded cost base for Track where they have pumped in a lot more people costs. Now the cost base is relatively fixed, any incremental growth in revenues should flow fairly directly to the bottom line. Track on the lower end - not sure what to make of that comment. Free cashflow is the king though, so their ability to continue to service debt repayments to schedule is very important.

Overall this is shaping up to be a very impressive story, as many here thought it would have. Now let's see them roll out the debt refinance in due course and we should be ticking many boxes.