Hey so management originally expected MPower Media div to...

Hey so management originally expected MPower Media div to contribute $2.3m of the guidance $6.3m of revenue growth. This is 100% recurring and ~90% margin.

Media rev was $300k leaving $3m to make up in the 2H, a big ask for a pretty average product (Pallister games and Buyers Club)

Meanwhile Golf and Venue divisions performed well in the 1H. BI slightly below.

My thinking is that they're trying to hide the acquisition/guidance mistakes relating to the Media division with the $1.1m of Other Rev.

The good news is the core business is doing fine and has growth prospects. I reckon the real NAPTA (ex nonesense) is about $4m. That's pretty decent given the EV is $42m.

They should just admit that they bought a lemon and expected too much from it, rather than using tricks to avoid the admission.

Interested to hear your thoughts