SPX 10.0% 0.9¢ spenda limited

Bottom is in. Get ready for SPENDA to bounce!, page-850

  1. 3,580 Posts.
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    So you're predicting revenue will not have grown from the March quarter then?

    To be fair, the company has received an R&D refund for several years and it is a welcome recoupment of a portion of the staff & admin costs that are incurred throughout the year to develop the various products that are now being sold to and deployed in various B2B ecosystems. I also do not recall AF ever having used the receipt of an R&D refund as demonstrative of revenue growth, but more than happy for you to pull up the relevant quotes (as I said, I don't recall it).
 
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