Ann: FY21 Results Announcement, page-23

Bigger sales revenue and higher loss margin on every dollar of sales.
How does this business model survive?
Easy - find more suckers to fill the cash burn.
Tell them its a growth stock and to "trust me", and that its just like other companies that were once loss makers and are now profitable.
Nowhere is there any sign that scale has made a hoot of difference to the economics of the APT business model.
It's a P O N Z I - go look it up if you do not yet understand!
DDD