Yeah, in the release, they said there would be a delay in seeing visible cost reductions due to the one off redundancy payments. So the full benefits of the savings wouldn't be realised until the September quarter. Though maybe their R&D tax rebate and COVID related payments will help get them over the line for Q4? That's about $8.5m available to help offset any expenses.
Q1 FY21 will be interesting for sure!
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- Ann: Appendix 4C - Q3 ARR $55.2m, cost savings update.
Yeah, in the release, they said there would be a delay in seeing...
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