gkp has made the valid point that the bulk of increased...

gkp has made the valid point that the bulk of increased expenditure is made in USD (but GBP expenses will be increasing too) alongside of the galloping sales revenues made in USD and now in both EUR and GBP. (gkp don't go!)

But, as BPAA points out, with falling AUD against these currencies, cost of goods (incurred mostly in AUD) is becoming vanishingly small.

And, of course net returns booked in AUD will increase more than otherwise due to the currency decline.

For instance, at the end of CY 2019 1 USD was 1.44 AUD but now buys 1.66 AUD; 1 GBP was 1.87 AUD but now buys 2.02 AUD; and 1 EUR was 1.60 AUD but now buys 1.83 AUD. Do your own percentage gains and you'll see that the net effect is quite substantial.

And this could go on for quite some time and decline further. The low point for the AUD was in April 2001 at 47.6c US.

If we get near that then despite increased expenditures in sales & marketing, and equipment purchases, I reckon that such a currency movement might easily push the company into profit by the end of the FY.