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clock Created with Sketch. 20/07/18
10:16
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Originally posted by danbradster
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To me, it looks like FY16 went well so was profitable, then FY17 had a small fall in revenue and a small rise in expenses, so profit crashed to negative. I suspect they'll only get back to profit if revenue starts to rise again (it may have done so in recent quarters, I'm not sure, since I was mainly looking at the annual report. I'm not in a rush to buy just yet.).
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How many emigres down are they and what did they do to be no longer needed? Where the sales people or IT people ? Where they important people for generating sales revenue or others?
