• ANZ: Simplifying and prioritising initiatives in the already profitable Australian operations to drive increased cash EBTDA and further margin expansion.
• Americas: A stronger focus on unit economics and NTM driven by credit and app network revenue improvements, a more efficient fixed cost base, significantly improving and accelerating the path to profitability.
• Global: Cost reduction initiatives, including a process to reorganise and reduce global people costs undertaken in April, is expected to deliver $30m+ in EBTDA benefits in FY23.
Ann: Business Update Continuing to Execute on the Plan, page-5
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