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Muss you are incorrect. I draw your attention to today's...

  1. 106 Posts.
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    Muss you are incorrect.


    I draw your attention to today's announcement

    " Total income recognized for the group for Q1 came in  4.54m"... "Not all invoiced amounts are recognized as income immediately as a portion is allocated to unearned income and then brought to account against income over 12 months"

    Further up it stated unearned income was $0.6m

    so you have to add it back to recognized income when projecting forward 12 months (4.54+0.6)*4 quarters

    Trust this clears up your confusion.
 
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