Ann: FY22 Half Year Results presentation, page-16

Poor result from this mob. Negative NPAT once again, saved by government grants and various one offs like claw back of previous impairment costs and tax back. Nearly $10m for staff, subcontractors and consultants is madness on revenue of $12m. Cash flow fell off a cliff. IWS underperforming, they overpaid for that business like mad, PayAsia really underperforming. Dont expect those shares that just came out of escrow to be sticky, quite the contrary. Read note 18 carefully.
Segment reporting tells the whole story.