Its been over a week and no comments on the financials, let me...

Its been over a week and no comments on the financials, let me open the account.
Revenue up 50% YoY
Marketing down 66% YoY
Hardware/sofware resale - up from 19% to 32% (margin)
Current Assets - Flat YoY
Non-Current Assets - Up 80% YoY
Current Liabilites - Up 29% YoY
Non-Current Liabilities - Up 35% YoY
Total Equity - $1.44m up YoY vs $38k
Trade liabilities - Up 110%
Cash and Equivalents - Down 30% YoY
Director Fees - Down 60%

Here is the part that is most interesting.
Total Equity - $1.44m vs $38k
Check out the goodwill treatment of the Excite aquisition.
The 2 previous aquisitions are written down 100% in the first year.
Notwithstanding what appears to be an error at Note 6 where the Excite aquisition is picked up at 31 March 2022 when the aquisition happened in August 2022.


Why is the goodwill of Excite treated differently ?


Treated the same as previous aquisitions a $3.6m loss is now a $6.6m loss butcritically Total equity is now NEGATIVE $1.6m
At some point (maybe even at the upcoming audit), an authortive person should ask why.