The only real surprise today was the impairment of goodwill. Other than that, all the main costs were noted in the previous reports.
Great to see them let go of Cirrus, $5.5m in cash added to the bank account. Now with a bank balance of $10.8m and cashflow positive in the 4th quarter with another $1.6m in short term receivables, provides a great basis for the share buy-back. I won't be surprised if we receive an announcement that the company brought back shares today.
Ann: Webcentral FY22 Results Presentation, page-21
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