The current revenue growth is predominantly Alexicool which was not the original product.
A very poignant point. One part of the business did not pick up anywhere near as quickly as they forecast and many choose to just focus on that failure but Alexicool was developed as a new product and penetrated the market extensively and unbelievably quickly. It's fair enough to berate management but also credit where it's due. Let's be honest, Alexicool has been the saviour for AJX. Its revenues has laid the foundations for the next growth stage of the business.
AJX Price at posting:
34.5¢ Sentiment: None Disclosure: Held
