Some things to note from the report.
Service revenue increased 10 fold.
Our Staff costs have more than doubled from the comparable period, marketing cost were up over 60%, R&D costs were only up 20%.
Of more concern was the 31st December 2017 end position.
Trade & Other receivables jumped from A$118K to A$376K while our trade & other payables rose from A$606K to A$1,245K.
Meaning our current net liabilities have risen from under A$490K last time to A$869K now.
Really want to see that gap decreasing not increasing.
LOTM
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