A little Gem for forward thinkers, page-54

Over Q1 FY22 RPM invested in its wholesale and distribution infrastructure, with the establishment of two new distribution centres: in Townsville to service Far North Queensland and Traralgon to service the Gippsland region. All setup costs, staff engagement, warehousing and stocking expenses were completed in time for the branches to open on 1 October 2021, and while these costs were expensed in Q1 FY22, the benefits of the new distribution centres will flow through from Q2 FY22

Above is taken from quarterly report.

growing operating cash flow quarter on quarter is a very good sign.