Ann: Half Yearly Report and Accounts, page-9

  1. 5,038 Posts.
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    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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