Pretty much standard report, high costs for the half year but mainly due to no revenue in InPayTech and high IPO costs etc. Might see some leave as this will be another year before things kick off really. Nice to see the collaboration with banks/ account software providers for a new product so time will tell.
Nothing to ride home about though, long term investment.
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- Ann: Half Year Results Presentation
Ann: Half Year Results Presentation, page-2
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