That's now about 430MT to Deveraux for the FY. If 70% of their sales are to the US, that implies ~610MT total sales. At $18.8m revenue, that implies a price per kg of about A$30. This is a significant discount from last year, but that's perfectly fine... impossible to compete with and the margins still grew substantially. The pricing drop explains their original target of $30m sales at 1000MT.
I wonder, now that manufacturing is resuming, whether they will book more sales from their warehouses that are not included in the FY result. We are, after all, 6 weeks away from the end of the period.
Ann: ANO Business Update, page-71
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