Ann: Final Dividend Declaration and FY22 Unaudited Results, page-16

Be interesting to know the changes in principle owed and the interest on that given EBITDA was up $11M on PCP but Net profit was the same .
The higher inventory levels have not helped with getting principle down , the OCR is also up which probably is not helping any overdraft facility , and bolt on integration costs are one offs .
Hopefully synergies occurring from those bolt ons going forward (lower labour costs ) so maybe the net profit going forward will more reflect previous margins but with the higher revenues .

Personally I liked the big increase in revenue as McLaren once stated : No substitute for cubic capacity , just need to turbocharge this going forward David .