Ann: Quarterly business update, page-16

Good questions, @optimistus

Over the last 12 months or so, PYG has consistently said that they intend to focus on:

1. Organic growth (expect > 36% for FY22);
2. Improving margins (revenue growing faster than costs and expenses) - Gross margins actually improved substantially in H1 FY22;
3. Investing in their platform and technology to improve efficiencies through greater automation - it's better to think of this as investment and not expenses.

There are already strong indications that they are in fact doing all of this, therefore I believe that profits will grow quite rapidly from here.