Lots of questions out of this result:
- looks like organic (as opposed to acquisitions) revenue growth isn't great. Maybe why Mr Finn is stepping out?
- six months of WM led to a statutory loss of 45k - not sure why or whether this is recurring or reflects expenses that can be claimed from the vendors?
- share issue expenses and amortisation led to circa $2 million of (non cash) expenses; and
- Seems to be lots of marketing and other expenses associated with scaling up.
I guess we wait for the annual report and AGM?
L2
Ann: AFL FY21 Investor Presentation, page-5
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