Ok thanks.
My attention is on these numbers below and how they’re rapidly increasing. The masks and SAAS divisions is going to be where recurring profit is going to change the outlook going forward. As I’ve highlighted, 144 million lives to 165 million lives in a year is a solid increase and their goal is to reach 250 million lives by 2025!
Total Sleep and Respiratory Care
US Canada and Latin America
Devices – 35% increase in a year.Masks and other – 14% increase in a year.
An increase in revenue of $501,580m in a period of a year.
Combined Europe, Asia and othermarkets
Devices- 4% increase in a year.Masks and other - 4% increase in a year.
An increase in revenue of $46,139m in a period of a year.
Software as a Service
A 24% increase in a year.
An increase in revenue of $97,147m in a period of a year.Net revenue for the year ended June 30, 2023 increased to $4,223.0 million from $3,578.1 million for the year ended June 30, 2022, an increase of $644.9 million or 18% (a 21% increase on a constant currency basis).
Reference: Annual Report
https://s2.q4cdn.com/231003812/files/doc_downloads/2023/09/f9548081-3e6d-4ac3-8660-34f1ed7b3015.pdf
Tony
Ann: ResMed Announces Results for the First Quarter of FY2024, page-53
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