Basically the massive highlight in terms of just the numbers, is the pretty large reduction in cost. The other plus is that this quarter's sales is about what I was hoping for, as I remember reading previous updates that the board could not provide a guidance for the June quarter due to the uncertainty of the virus.
Whilst if you compare YoY results to last year's June quarter, we had 50% more revenue, but 100% more operating cost, so overall just on the numbers, clear win.
I'd be very bullish right now. Just waiting for another good entry to decrease by overall holding. Management has hinted this quarter will likely see a significant increase in Sales due to the partnerships. Hopefully no massive second wave in Europe! I look forward to more Fadi Geha's Linkedin posts getting posted here.
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- Ann: Appendix 4C - June 2020 Quarterly Report
Ann: Appendix 4C - June 2020 Quarterly Report, page-5
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