Interesting how management keep banging on about increases based on PCP. However look at the trend for the last 3 quarters, down, down, Direct Travel is down. Given they have had some contract wins, it seems a little questionable to me.
Time to change the graph up so we can see the individual fluctuations for each of the revenue streams, they way they are combined together in the same bar chart just makes it difficult to read.
And no mention of contributions from NETS or UOB, seems those partnerships are on a road to nowhere.
Not a great quarterly in my opinion.
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