This is their expenses over the last 8 halves.......with a margin of ~56% they need to be hitting revenues of 8m per half to cover those costs....they did not hit 8m in revenues for FY23!
Stock based compensation in FY23 was 12.7% of gross profit so at least that is not a cash outflow, but Dyson seems not to understand the challenge the company is in
Half
Total expenses
1
1H2020
2,602,140
2
2H2020
2,627,711
3
1H2021
2,623,301
4
2H2021
2,995,609
5
1H2022
2,683,605
6
2H2022
2,757,560
7
1H2023
3,237,120
8
2H2023
4,278,280
SP3 Price at posting:
1.9¢ Sentiment: None Disclosure: Held
