expected after q3. earnings were going to be impacted no doubt. it goes to show the scale in sales required to generate positive npat. I'm not a fan of the accounting treatment of capitalised staff costs in relation to their cloud solution, but that's the standard. misleading, but technically correct to say 100% margin on the $0.7m in revenue from cloud sales.
Ann: FY22 Results Investor Presentation, page-2
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