All I can say is it is a carefully crafted adjustment so that there is 0.1 cents earnings per share rather than a loss. The last side of the presentation says Questions? There are many questions.
The arrangements for disbursement funding which have so far proven a disaster for Shine are being continued and on what terms?
What is the Adjusted EBITDA and profit for? It would seem that they are adjusted for incompetence. Ah that’s what we would have earned if we were competent.
No mention of the interest rate which has increased. Why?
Increased focus on closing cases? Isn’t that what they should be doing all ready if it is in the interests of the client?
What profit is attributable to Michael Mori’s US office
What did Erin Brockovich do for her retainer?
Is Justice Lee going to be invited to Shine Lawyers next conferencearty at Hamilton Island?
None of this can be commercial in confidence and Shareholders need to know specifics.
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Ann: FY24 Half Year Results Investor Presentation, page-4
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