“It is pleasing to see our well-defined strategy delivering results. We’ve been profitable for two consecutive years, with our unaudited profit before tax of $1.1 million in FY23 showcasing our focus on driving margin improvements from our operations" - Commentary like this from the CEO makes me think he is disconnected from reality. Last time I saw a result as shockingly thin in PBT Vs revenue was RCR Tomlinson.
Ann: FY23 Unaudited Financial Guidance, page-5
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