%, Net debt to EBITDA (including lease liabilities and license payable) was at 2.9x increase from 2.0X in FY22 from the consolidation of TTTBB lease liability and new debt for the acquisition transaction
-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset
weighted in non-recurring revenue. As a result of consolidation, non-recurring revenue increased by 17.72mb or 35.5%, reversing from a dip in non-recurring revenue in previous quarters. Recurring revenue
, increasing 20% YoY from TTTBB consolidation and organic business growth, while increasing 1.4% QoQ driven by continued demand for mobile and fixed broadband connectivity. FBB maintained a growth engine
gross profit of 24.21mb for the 1H 2020. Excluding the impact from the consolidation of TigerSoft, HUMAN’s gross profit would grow 13.99mb or 11.1%. Selling and Administration Expense Selling and
of 7.55mb or 36.1%. SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the consolidation of TigerSoft’s result
consolidation, and 5.6% QoQ, mainly from continual demand in EDS and cloud services driven by strong digital transformation demand despite delays in customers’ project decisions due to economic headwinds. AIS's
consolidation, and 4.9% QoQ, mainly from continual demand in EDS and cloud services driven by strong digital transformation demand despite delays in customers’ project decisions due to economic headwinds. AIS's
growth of 163% YoY and 41% QoQ. This was attributed to the full quarter consolidation of TTTBB's revenue, as well as organic expansion of new subscribers with value packages leveraging on the expanded
. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the