FY2021 FY2022 FY2023 FY2024 1 Revenues 17,618 28,625 47,204
80,0002 Total profit/loss (excl one offs) -11,206 -4,776 -7,118
With only 1/3rd (or ~$27m) recongised in 1H24, I'm not sure they will be PbT positive, but surely at $80m in revenues over the full year, they should be able to cover the cost of the operations and push hard on getting some renewables deals to offset the cyclical slowdown that will eventually come in the O&G space
Ann: Matrix Secures $30m Subsea Buoyancy Award, page-2
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