well... yes.. modest profit as you say .. but more to come.....

well... yes.. modest profit as you say .. but more to come.. they have spent $ on getting it all set up with mergers etc.. plus IT spend.. and establishment spend re the GPP that is gaining momentum as well as another major GPP contact signing last quarter.

costs will start to come down... there are establishment costs with all new contracts and from other reports and analysis the assumption is it takes 2..? years of contract revenue to cover these before revenue falls into the gross margin of 54%.. and GPP contracts have less costs but can't say how much they differ from the others... so there is a lot of profit embedded in the current contracts already in ARR... just need time to cover set up costs and then you will see profit commence.. and sales still continue at a record pace.. and on the webinar, Mark said they are accelerating... wait for next quarterly update to see but I'm expecting around $7m plus min sales again for this quarter...

they also mentioned sales leads are running at 7 times what they were this time last year even after last years record sales.. and the market in Asia is worth billions... so their growth runway that is available to them is very large indeed... so much more in the detail of their story.. very large path in front of it.. and you... if you hold stock ..