actually they have decreased expenses from last year by $2m.
if you see there is decrease in $2m overall cost main reduction is in remuneration + consulting + other cost.
increase in leagal fees understandable because they might have cost on cc onboard + capricon cost coming in as they negotiating contract.
increase in cost of service rendered has increased lot not sure what's that need to re read.
increase in depreciation and amortisation which is all good.
revenue up by $1m. so we can see upward trend from now on as cc fully onborded + upsale of products to individual franchises and downward trend or stabilise in cost unleass we see new product development capex cost that doesn't look it would be in near future as no product development plannednot, current product is confirmed working so mostly cost would be opex.
we are also looking early stage of capricon onboarding as per todays announcement it looks promising.
let's see in couple more 4c and how revenue is scaled up due cc onborded
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