WRR 0.00% 16.0¢ world reach limited

Yes, that was a bit odd. They did revenue of $3.8m in Q1, and...

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    Yes, that was a bit odd.

    They did revenue of $3.8m in Q1, and now $4.6m in Q2, so $8.4m for H1
    In H2, they have already locked in approx. $3m (USD2.25m) revenue from the second GO order.

    So they should very comfortably exceed FY14's $12.6m total revenue.

    While interest costs will be down in FY15, amortisation (non-cash) will be significantly up.
    Notwithstanding that, the increase in revenues should result in a step up in profits, unless the GO orders have been very low margin. Will have to wait until the half year accounts are out to get a better idea of margins.

    Hopefully it is management just being conservative, and keeping a lid on expectations; particularly since the business is a tough one to forecast
 
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