Good afternoon all. I have recently come across HT8 and have begun some due diligence before making an investment decision. Before I reach out directly to the Company, I wanted to know if any of those here that have been involved with the business to date could answer some P&L related queries I had. These are highlighted below
1. Distribution costs. This appears to have taken a considerable increase for the year ended 30 June 2021. The % is approximately the same as previous FY however can anybody explicitly explain what it would refer to? If it is shipping costs, okay but would shipping costs not form part of transaction expenses? Similarly, if shipping, what are peoples views on economies of scale?
1. I understand Sales transaction expenses may have already been questioned and thus answered however I still do not quite understand the excessive jump. If this is to do with a proportion of expenses as part of selling, would it not be included as cost of goods sold?
3. Legal / Admin. A modest increase. Fair to say this is due to the capital raises?
Thank you brains trust, your advice is appreciated!
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