@SteveSage
I don't mean any disrespect, but I have a feeling your numbers are wrong.
Firstly, just to clarify the revenue from rental income per year. (the focus here has been on the lower bracket, or $9.75 per day rental).
1. If I'm not mistaken, does the depreciation amount of 33% get taken from the cost to manufacture, not 33% of the rental income that the company makes. (i.e its ~$592 dollars in depreciation per year which after 3 years accumulates to $1775, which is the cost price of the unit.
2. I think our cash flow's for the rental are similar, though you use 3,522 where I use 3,559.
Feel free to point out If I'm wrong....
Ann: H1 FY21 Results - Investor Call Presentation, page-49
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