Improvement helped by tax deferrals. Paid ATO $190000 last quarter and expect to pay $880000 in current quarter. Plus slightly higher staff costs expected due I guess to deferral of $80000 in monthly payroll tax from last quarter. So I assume payroll tax will also rise from $160000 last quarter to $320000 this quarter.
If revenue remains the same at $7.4 million, costs rise to $7.2 million so outcome depends on net impact of covid on revenue in the current quarter.
MSG Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
