EXT excite technology services ltd

I took time off work to listen in and unfortunately the audio...

  1. 5,536 Posts.
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    I took time off work to listen in and unfortunately the audio was so bad at the beginning that only about 1/2 of what they were saying to answer the questions could be heard clearly. I'll do my best:

    1) Along the lines of the "shifting from contract to recurring revenue" message that had been trodden out in previous quarterlies.

    2) Audio was mainly static here but something like Tasmanian division doesn't really exist as a standalone entity anymore, but is merged with the whole business. Honestly couldn't hear the details sorry.

    3) ASX cracked down on them and others for using the platform as a marketing tool. (IMO they still could be announcing more than they are)

    4) Couldn't hear much of this answer but I think they were talking about the significant cost reductions they have achieved as well as the increase in SP since the lows (this will be of small consolation to long suffering holders from CPT days). They were implying we haven't fully seen the benefits of cost reductions play out.
    Later on while the audio was working properly, Brian talked the SP prospects up when referring to the road map for 2025/26, mentioning 3-4cent value if these milestones are achieved.

    So yep pretty annoying from a tech company that they couldn't get audio to work but they did fix it eventually. Lots of positives in the presentation, especially around CDFS moving forwards.
    Last edited by Mike77: 12/12/24
 
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