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Not quite expenses down. Most were under control or down, except...

  1. danbradster
    7,162 Posts.
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    31/01/22
    15:20
    Post #: 59247088
    Not quite expenses down. Most were under control or down, except for employees, which is up a fair bit.

    Rolling 4 quarters staff expenses was 57% of receipts, which is at about a 2-year high. (It was down to 46-49% a year ago)

    Semi-fixed expenses like staff, I'd like to see come down as a proportion (due to revenue rising, and benefits of scale).

    So not an amazing result, but some signals are pointing in the right direction.

    Rolling 4 periods receipts is at a record this quarter.
    RCL Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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