Agree that it's profitable, when looking at profitability is it better to look at EBTDA (include interest) and actual outgoing cashflow for "intangibles"?
So add back in $5 million interest expenses and $9.3 million "payment for intangibles" (which is really just employee costs for development of software & IP?).
How are you assessing current profitability of the Australian segment @mal85.
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