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Ann: June Quarter Trading Update-CM8.AX, page-2

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  1. 21,938 Posts.
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    ''Unfavorable exchange rates impact on results with quarterly revenue increasing slightly over the previous quarter to $11.54m from $11.46m and underlying EBITDA down 9% to $2.95m

    The Subscription Business (Track) has begun to stabilise, although revenue and EBITDA were lower than the previous quarter.''

    Earnings decreasing from previous qtr ???? Growth stock ????

    IMO,

    Valuation is contingent on Crowd Mobile delivering a sustained period of earnings growth
    Last edited by Merchant2000: 19/07/16
 
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