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Some valid points there BP. Business costs will go up for all...

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    Some valid points there BP. Business costs will go up for all companies around the world due to increasing inflation and therefore interest rates. We are seeing an uptick in revenue from EVS products as indicated in Q4. The very notion that business costs are going up may paradoxically play into the hands of EVS given that other big businesses around the world that are looking to improve their environmental footprint will also be looking at how these very same products may be able to assist them with cost reductions expenditure on things such as maintenance, chemical dosing and energy costs so your points are noted but you may be erring on the side of pessimism rather than realism. Those companies with the highest debts, falling revenue and dwindling profits are likely to be hit hardest by an economic downturn. Thankfully EVS has no debt, cash in the bank to finance its operations, growing revenue, sticky customers, low churn, financial conservatism and are now working towards achieving profitability in the coming financial year without getting ahead of themselves as they previously did when making semi wild forecasts about revenue achievements of $100 million as occurred with the previous CEO. So hoping for steady increasing growth, cost containment, ongoing financial conservatism and reinvestment back into the business to weather uncertain economic times ahead. GLTAH
 
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