Ann: Annual Report to shareholders and Preliminary Final Report, page-4

@Eyeman - appreciate the comments however it would be unrealistic to expect a business in it's early stages not to spend more than revenue / run at a loss. There is 3.1cents on offer today, take your money and run if you're that concerned.

Overall I believe the numbers make sense

50% increase in rev with a large amount of this derived from the last 6 months which means if we continue with the same our FY18 rev will be min 1.2m without any expansion at all - my guess is we will be pushing 1.5m this year - this could be a lot more depending the traction earned from Mobilise and RACV venture

we are debt free - at this stage of business it's a good thing and I don't believe we are restraining our opportunities by not incurring any debt

the CEO is taking home 200k which is a small portion of the 1.8m expense - would love to see Chris add to his small portion of shares (even I'm well over his current ownership) - they have also hired some serious talent in their ranks - if you want good people to jump ship you have to pay for it

32% reduction in operating expenses - I like this a lot !


lastly the old caravan is chugging away lol makes me laugh but hey if we aren't touching it and getting a return then clearly shows it has some merits - even if it's minimal