Ann: Change of Director's Interest Notice, Philip Crutchfield, page-18

  1. 10,459 Posts.
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    Why do expenses keep going up and losses dropping only marginally and share price rising? Does not compute imo but all I can see is a CR coming sooner or later it seems as people seem to believe this going to go as well as AfterPay. This is a highly geared business with net assets dropping by 28% this year and falling id say. 

    What is Cost of Sales relate to? 

    Interest expense                        9,280,231                          6,655,941
    Doubtful debts expense             9,534,950                         6,188,076
    Bank fees and data costs          2,405,452                          1,645,834

    Total cost of sales             21,220,633        14,489,851

    TOTAL EQUITY               24,553,497          33,380,326
 
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