Information
FY21 Financial Headlines - Slides 11,12
EOS delivered a record level of revenue from ordinary activities in 2021.
2021 - 211.8M vs 2020 - 180.2M
- $20M of revenue (and associated direct costs) deferred into 2022.
Underlying EBIT - modest decline EBIT (14.3)m
SpaceLink operating expenses 2021 - (21)m
Backdown.
Defence Systems - Revenue including other income rose 17.6%
Communication - Revenue including other income rose 20.4%
Space - delay in the award of new contracts
SpaceLink costs and the 20m deferred into 2022 plus slow award contracts with space sector.
If EOS can increase revenue again by 14-17% and get SpaceLink funded. 2022 numbers will be a lot better.
Ann: FY2021 Results Presentation, page-47
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