Can anyone explain this statement? "...the Group generated 20% of its total income and 23% of its recurring income from the Australian government and companies controlled by the Australian government" Up from 0% prior EMS acquisition. I assume it is simply because the Fed Gov leases 21 airports on Commonwealth land? Highlights the big market share EVS has in Australia if that's the case. But also puts doubt on discounts to airport sector having eased in 2H FY21, as planned? Airports make up 65% of total trading revenue. Means Australia makes up almost a third of that!
Excited to read full year results when they come out in the next fortnight. North America presents a huge opportunity and SAM now. Will also be looking at total cost of revenue and operating expenses. This will be the first full year post EMS acquisition so I'm hoping there will be some good cost reduction benefits to see in the numbers. We will also see the first full half year impact of EVS water product.
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Can anyone explain this statement? "...the Group generated 20%...
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