This is in line with what we can expect and a great overall result for 2019 - a massive improvement over 2018.
If you think about it your sales and bookings for advertising is in the weeks leading up to December 25. So if December is around November numbers then performance is great. Monthly fluctuations are normal in any business. Remember we are not selling predominantly in the Australian market but predominantly in the US and Asia.
You cannot ignore over 300% increase 2019 vs 2018 figure ($2.45M vs $0.65M) and H2 > H1 revenue increases by 200%. They have overcome their cash flow issues that they experienced in 2018.
They have proven that they are turning the business around. 2020 should be more growth now that they have the basics sorted out. Focus should now be on Sales
EN1 Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
