During the half-year, iQ3Corp has continued to invest significantly in its Human Capital, to increase operational capabilities and expand its network of experts. This resulted in net profit for the HY20 decreasing by $1,026,755
We have pointed out how much they like to hire in the past, but now it's policy to hire more people in advance of the work coming in. Not totally controversial, but given they rely on related party transactions for all of their revenues, maybe this is more proof of building an empire of cards?
IQ3 Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held