Yes the subscription costs come through as a single line item under ‘JV loss’ as netted out against the costs of running the venture and current investment in capabilities for international expansion
fantastic report overall
- REI is a substantial addition
- clearly other new major retail chains imminent
- international expansion anytime from July onwards (FY22 is a bit vague)
- seems strong interest from govt sector
Ann: Beam Records Double-Digit Growth in Half 1 Revenue & Profit, page-8
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