Most of it looks good but debts are not down. I know I will be accused of downramping but just want to clarify this point
Debt write off is increasing:
Q1: $2.2M
Q2: $2.3M
Q3: $2.7M
Q4: $3.4M
So $10.6M in bad debt written off for the year.
Most likely it will be $12M to $15M in bad debt written off this financial year
Debt debts come straight off any profits to be made
Apart from this, all other metrics are doing much better now
Ann: Quarterly Report, page-16
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