AJX 0.00% 1.0¢ alexium international group limited

Well they're reaping what they sowed with this report. Revenue...

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    Well they're reaping what they sowed with this report. Revenue trajectory is great by any measure but has disappointed the market due to the 'foundations' release and their $18.5 million baseline projection setting such high expectations.

    Sales vs COGS is looking better, but needs to get much better for profitability to occur. They also need to breakdown the sales component in more detail both in terms of recurrent business but also against the sector by sector expectations they set so we can better understand where the delays/potential lies. Without the detail in the revenue or without clearly better profitability the market will continue to be indifferent/punish them. I know they're trying to learn lessons re guidance but giving next to none here wasn't helpful either.
 
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