Ann: Acquisition of Business - Core Banking Platform Provider, page-56

A little more detail on Probanx current earnings from the IR email.

Probanx is on track for EBIT of between $100k Euro and $200k Euro for FY2018 (Jan - Dec).

So between $160,000 to $325,000 in AUD a year in earnings before tax. Definitely modest but these figures are earnings/profits after COGS and fixed costs are accounted for. Raw revenue will be a higher number over and above that. A guesstimate would be $1m to $2m AUD revenue annually?

I'd imagine some of the fixed costs will also reduce post acquisition through the removal of some joint functions/expenses that are already in place through ISX, all with future growth potential too. Ultimately it is the software/certification that is the most important aspect. Fast tracking the EMAs.

The IR email also detailed some of pricing for the EMAs. They look like they will generate significant revenue and ISX are in a position to demand a premium from AML regulated merchants due to now being able to offer a full suite, start to finish product offering that can't be obtained by these types of merchants elsewhere. Again these revenues once online will be at high margins.