I agree inferno, we are in the high growth phase of business which attracts high costs, 9mil of the next Q costs are US business development I see this as a positive.
staff costs up 3mil, advertising and marketing up 1mil, corporate costs up 2.5mil.
This is all necessary for high growth at a rapid rate!
If all metrics grow at the same rate YoY we will have the following in 12 months time;
net revenue = 69mil
turnover = 1.95bil
But keep in mind the US has barely impacted on any of these metrics yet, so this could easily look more like
net revenue = 100mil
turnover = 2.5bil
Im not concerned in the slightest yet as i can only see positives here. but again thos is just my opinion.
GLTAH
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