I am sure there will be more clients on-boarded already, which have not been disclosed since the new listing.
For those clients already signed up, I would expect more activity now that we emerge from the summer holiday period in Australia, as hiring activity will be increasing. Which means for pre-paid credits, as they get taken up, they can be recognised as revenue.
For the new office in London, perfect time of year now (spring), to expect new clients signing up as hiring tends to open up post the bonus cycles which come after the financial year end and when budgets get approved.
I would guess we might have to wait until the end of 2016 calendar Q1 (31 March) for a more detailed update.
We wait, but I am comfortable.
XF1 Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
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