Snoops - ‘A reduction in profit to $7m is more what I would expect. Not sure how the earn out payment for Absolute IT ($3.42m estimated, p55 AR2017) will affect the declared profit, but that forecast payment is a oncer.’

Accounted for 2017 Accounts

If ‘earned’ only affects cash flow.

Should only adversely impact profitability if more than $3.4m is ‘earnt’ (Ie they under estimated the liability) - then again if the hurdles weren’t reach that would have a favourable impact.

Was based on performance to Nov 2017 so you would think whatever it is to be would be allowed for in their profit below prior period guidance.

That’s how I see it anyway