Half the loss, big one off expenses, setting up an ideal tax position for what I think will be a stellar 24 months.
Many of those one off expenses were for growth initiatives, with a few more to come. Though, carried forward losses represents a $76 mill in tax savings on future profits, giving back those one off expenses in the short term, while the growth investments will continue giving for decades..
Ann: PLS Annual Financial Results & FY22 Guidance Presentation, page-84
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