I think they gambled on buying Netsuite Asia, and it's costing a bloody fortune in wages.
The people content is costing the company around $10,000,000 per annum with most of the revenue coming from a fixed commission rate.
Revenue needs to increase dramatically as they are beginning to erode their cash.
If that revenue figure shows no meaningful growth or declines, then they have a problem.
Ann: Half Year Accounts for period ended 31 December 2022, page-4
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 98685 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 80000 | 1 |
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