Matin advises that Q3 and Q4 are typically stronger than 1 & 2 so he stands behind the forecast.
He did not comment on the "gross profit" usage when I asked, but I suspect that this is the number given to him by the accountant and the net figure is as yet undetermined.
Once again I suspect there is some disconnect between the US/Canada and BLG operations that prevents the net figure from being determined as yet.
I agree the gross figure is useless and have suggested that he say nothing until he can give us all of the information, but why should he listen to me?