No surprises at first quick reading -
- but also no announcement about JB brick and mortar stores stocking Spacetalk for Christmas, or other news of developments in an o/s market. Probably too much to expect all at once - but expecting announcements soon about such matters.
There was this in MF's comments, though
SPACETALK’s business model continues to be attractive and viable at wholesale prices to bricks and mortar retailers, underpinning the long-term sustainability of the wearables business as it moves towards profitability. Management has been conscious of the extreme costs involved in launching and marketing a new retail product. Achieving a positive EBITDA of $671K is a particularly pleasing result and places MGM in a solid financial position to fund the next expansion phase of the wearables business.
Updated top 20 list for those who were waiting for it, too!!
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Ann: Annual Report to shareholders, page-2
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