Gross Profit, is profit prior to costs. And LimePay has a staff of say 30 and 20 of those come across to SPX, how much do you think those staff cost per quarter? or more importantly, do you think 20 FTE + Superannuation + Work Compensation and other insurances + Building leasing rent etc is less than 350k per quarter? Because with a gross profit of 1.4 mill per annum, thats what we got to pay with before it starts coming out of the SPX bank account.
And that starts this quarter.
SPX Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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