There seem to be knowledgable people on here about MBE. Can anyone advise me on the following? I have read through (at a high level) their last annual report but am trying to get a better handle on the company.
1. Some examples of where their solutions are used?
2. What does their revenue streams look like? I know it will differ between advertising and mobile payments
3. Why are the 2 main execs (Thorpe and Wiles) paying themselves $300k per annum (inc super)? That's twice as much as a company like MNW pays Teoh etc.
4. If MBE is such a big growth company, why did top line revenue 7.5%?
5. Why did Cost of Sales increase by so much in 2013? (50%)
6. Why did they issue 10.45 million options @ $0.00 strike price, ie why did they feel it necessary not to have a strike value?
MBE Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held