Receipts was not that strong vs PCP, so no improvement to...

Receipts was not that strong vs PCP, so no improvement to rolling 12 months cashflow (burn).






However, staff costs are down. This will flow through to the rolling 12 months over the next 3-4 quarters.


That little dip in the orange line on the left is potentially nice.

Finally the blue line hardly dropped below the orange in the offseason (last quarter) - meaning staff costs did not surpass total receipts for the seasonal low quarter.

If staff costs stay down, or decrease a little more, then we might see some improvement to cash flow soon.



I have not read any of the writing in the release yet, only looked at the numbers.