Wow, no wonder they need to publish it after markets. Accrued revenue for the quarter was only 211k, so cash receipt in the quarterly could be around 150k, after 18 months since acquisition. Do you think there are any hopes to achieve 40m EBITA in two years time??? I guess it would be great to achieve 1m by then, if they could make it profitable at all...
Excuses for the bad performance were public holidays and school holidays... Okay... But wait a minute, which quarter doesn't have public holidays and school holidays? How come their business has anything to do with school holidays? Anyway, this sounds an excellent excuse because it can be reused every quarter.
Just can't see how it can hold its 60m mc. 3c will be broken soon and sp will drop below 2c and be back to SRT days.
Ann: Intiger Group - Business Activity Update, page-5
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