The report looks promising, as always the devil is in the detail...

The report looks promising, as always the devil is in the detail and YPB always disappoints when it comes to detail.

Some new signings announced had guaranteed revenue in the first year promised. If this “guaranteed revenue” has been paid to YPB, it could explain why “sales” are up. If I was YPB, I would want that guaranteed paid revenue earlier in the contract, who knows who will be around in 8 months time to pay up.

For all our sakes, I hope that this is not the case and that YPB sales are up because they are invoicing for real sales. As another poster said, the fact that the shareprice has not moved substantially on the back of this announcement shows the level of skepticism that the market has for YPB and what they say. Agree 110%

If the next quarterly is also up, then perhaps there is life in this company yet. If next quarterly is down, John Houston should have a long hard look at himself and do the honourable thing....step down as CEO.

If YPB has any serious investors (institutional), I do not see how JH would still be the CEO of YPB today. The company’s performance over the last few years has simply been disgraceful.