Ann: Appendix 4C - quarterly , page-6

If you compare it to the same annoucement 2 years ago, then this is a major turnaround:

Intermoco expects to be operationally profitable by year end
Company to benefit from growth in Embedded Network System contracts
Cash receipts: $2.9 million in 9 months to 31 March. Intermoco remains well
funded with cash at bank of $2.44 million and trade receivables of $1.84M

We have witnessed particularly strong demand and sales performance of our Embedded Network Systems that saw
the company secure $3.35 million in contracts during the quarter with a range of new contracts
under consideration, Mr Kiddle added.

With their office move out of the way, I'm confident that they will contain their operational costs and become profitable by year end....