Ann: Appendix 4E and Annual Report to shareholders-YBR.AX, page-13

Unfortunately it is an old school business model in a new world.

Think about a great online marketing company? Then think about YBR?
Think about a great finance company? Then think about YBR?
Think about a great technology company? Then think about YBR?

As a bricks and mortar, old school, franchise mortgage broker business, sadly I think their days are numbered. I just don't see how this model can survive in the new world against strong brand competition (like Aussie) and strong online players, which there are more and more of everyday.

And to the point above on auditor / going concern, yes that has to be an issue unless they raise capital. Surely debt cannot continue to be the solution when their growth is questionable.