G'day mate, I don't have an accounting background, but was just wondering if you could share your view on the difference between the strong operating cash flow numbers from the annual report and the reported net profit?
Still early days yet, but the ROCE appears desirable along with the gross profit margins. Is there any clarity around how the gross margins are so high? I've not yet done a heap of digging, but recently took a small position to keep it on my radar.
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