full year accounts.

• Revenue for the 12 months to 31 December 2019 was $25.1m, (up 32% year on year)

•  Gross Profit Margin was 54.7% (up from 49.7% yoy)

•  Net Profit (before Tax and Option Expense) was $3.7m

  (up 10% yoy)

•  Net Profit after Tax was $3.0m (2018; loss of $1.0m)

•  FY2020 Revenue forecast is in the range of $50m - $70m

  (up 100% yoy)

•  PET is debt free: $15m cash plus $17m debtors plus inventories

  of $2.3m; Net Assets of $30.2m ($23.9m: 2018)

Great result, as expected (at least by me)... but why did they wait till close of trade on Friday?

Scott.