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Someone correct me if I'm wrong, but looking at the annual...

  1. nosurprises
    970 Posts.
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    04/11/17
    13:03
    Post #: 28499148
    Someone correct me if I'm wrong, but looking at the annual report, they seem to capitalize software development expense and then amortize it over time. So the EBITDA they talk about excludes their IT costs which seem to be a significant amount.
    MBE Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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