Wowsers...
Cashflow dynamics will improve to the tune of $833k per month following completion on 2 August 2022 of the final monthly cash payment as part of the deferred consideration for the Direct Business acquisition, which will then become complete.
Cashflow of about $10mill p.a. will be recognised once the final debt payment is made. Good chance for additional acquisitions in late FY23 from cashflow.
Ann: June Quarterly Update & Appendix 4C, page-2
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