The meeting just ended.
Some things of note that Brett mentioned and I paraphrase and agree.
"Jatcorp would have hit around the $100 mil mark in revenue FY 2021" instead of the $21 mil achieved if it was not for Covid. IMO is would have bought Jatcorp into net profitability as well.
Brett expects Jatcorp to be cashflow positive for this financial year. It is also expected that Jatcorp will recover revenue to 2020 levels this year ( around $60 mil).
Jatlife is live now and the way it has been setup profit margins should be very good and it is expected to contribute significantly to future revenue..
Jatcorp growth has been held up but it seems to be back on track IMO.
GLTAH DYOR
Ann: 2021 Annual General Meeting Presentation, page-7
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