returnees, page-18

re: hilldweller reasons for rab The journo from The Fin managed to get things wrong, which probably would not surprise many of us.

According to the Annual Report, issued August 27, $25.9m revenue came from the US, out of a total of $33.1m, which works out at 78.2%, quite a bit more than the 50% quoted.

The report does not break down the actual amount received in the US between Traffic and Communications, but the total revenue for Comms was only $8.5m, so even if every cent of this was US revenue (possible, but not likely), then US revenue from Traffic alone would still be 52.6% of total revenue from all sources.

Let's be charitable - maybe this is what he was talking about.

The significant point for the long-term remains - the extremely high growth rate in revenue from the US Traffic division, which is clearly the future of this company.