I hope everyone takes a chance to read the anns. There are some vital information laid out in plain language and no 'sugar coating'
e.g. "Net Profit Before Tax financial result impacted by delays to the delivery of larger NetSuite and MYOB Advanced projects which will be go live ready in Q3 2018 on which revenue has not been recognised to date"
"A number of larger ERP projects have taken longer to implement than forecast in 1HY2018. The ERP division’s deferred revenue balance grew to $1.9m, revenue which will be recognised as projects are “Go Live Ready” over the next 3-6 months. It is expected that the implementation delays are caught up by 30 June 2018 and this revenue recognised in FY2018.
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Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
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