Decent result, good ramp up in Revenues. However if you take out the Beans NFT revenue, EBITDA is -$3.15 Loss and NPAT -$4.2 Loss.
Beans is a one off Revenue item, NFTs transaction volumes on OpenSea have dropped 90%, "its a ghost town". They did really well out of it and took absolute advantage of the market but it distorts the accuracy of their reporting including it because IMO, the market will not allow it to be repeated.
https://cointelegraph.com/news/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days
Buyer beware of the creative accounting.
AOD is a fun game though.
DYOR, All IMO
Ann: FY2022 Results Media Release, page-3
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