Keep in mind that these figures don't include any cashflow from the acquisition of Pure Hacking, which has an EBIT of $2 mill. p/a. Interesting to note that Pure Hacking is predominately Sydney based, with only a presence in Melbourne. You'd think that with PSZ being based in Melbourne, logically it will be looking to grow PH through it's main workplace.
With increased revenues during the reported quarter, I'd say the business is in good shape with a heap of growth potential.
Ann: Commentary on recent Appendix 4C release, page-4
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