Sort of confused a bit by lower part of this article. Seems the smart thing would be to compare apples to apples and oranges to oranges. What was USD / EURO / AUD revenue totals? If the foreign currency was not exchanged into AUD the point is moot as to whether or not you take an averaged exchange rate as your reference rate.
Does anyone know if NXL hedges their offshore revenue? Or are they (as of now) sitting on significant foreign exchange profits as compared to the last report?
Ann: Nuix announces FY21 results, page-174
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