KYK 0.00% 7.9¢ kyckr limited

Ann: 2019 Half Year Results Announcement, page-2

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  1. 2,791 Posts.
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    Managed to look through and here's a summary and analysis:

    - 30% revenue growth from 850-1050, which is still a big way off covering costs moving forward
    - normalised loss was around 2m, still 900k more than 1H19
    - 1.2m in revenue needs to be taken out. reversal of share options exp - illustrating how shite KYK have been!

    Good to see almost doubling of website revenue and this is before the new version which is forecasted to bring more revenue. let's hope users think the same.

    Less revenue from enterprise deals which seem to be petering out somewhat. The contract they have with the Bank of Ireland is only fetching a few hundred thousand each year... what does a 'big' contract look like then?

    Moving forward revenue growth is going to have to ramp up pretty hard for this disaster to end.
    Last edited by healthyinvestor: 28/02/19
 
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