The accounts are a great read. Gross profit of $164k. Meanwhile, $467k in professional and consulting fees, $327k in share-based payments, $76k in directors fees and $150k in management fees. That's not even mentioning the administration or staff expenses. Good quarter for Hyslop and his buddies.
What I want to know is what happened to all those distribution agreements with "minimum required orders"? These were supposed to drive big growth in FY23 and FY24...
Ann: Interim Financial Report and Appendix 4D, page-5
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