The presentation is similar to previous presentations. I am disappointed that mPayments revenue is forecast to be only $14.5m. First half revenue from mPayments was $7.276m, therefore the second half is showing no growth. They stated that the 3rd qtr is 'seasonally slower' but before the recent announcements I was expecting an increase in mPayments revenue in the second half.
There is still plenty of potential from the overseas expansion and the release of more products/services.
MBE Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
