Great result! Numbers are starting to go through the roof and despite large one-off outlays required to expand production (labour costs) they're still increasing positive operational cashflow.
Half-yearly out in a month and I expect it will confirm your profit estimate. My calculations have full year NPAT somewhere between $2-$3m and this result gives me more confidence in those figures.
I also expect Nan will hit the first three tranches of her performance rights (A-C) and possibly D after full year FY24 results are announced. Good on her and very well deserved given her amazing leadership to date.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4
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