XF1 2.78% 18.5¢ xref limited

Ann: Xref - September Quarter 2020 4C & Quarterly Commentary, page-3

  1. 629 Posts.
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    Disappointed with the amount the company spent. More then they anticipated in the previous 4c. However with the sales team increasing by 30% you would hope that sales are going to increase to cover the expense. With integrated clients increasing maybe this may be a sign the company is starting to grow. Based on q1 for integrated sales there's another 800k to 1 mil in sales for the year. Would have liked to see the break up of sales of Europe v Oz v na. We also had more cash sales then cv1 for the quarter which is a first for the company. Hopefully they can keep that going.
 
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