You make a good point on the underlying NPBT and the exclusions made in arriving at this figure.
FY22 underlying profit before tax was $45.3m yet a statutory loss of $7.1m was reported. Scott McMillans commentary at that time, around ability to service capacity demands and necessity to continue to invest in growth, has many similarities with this announcement.
Hopefully the expected FY23 underlying profit of $59.3m results in a healthier statutory result.
Ann: Profit Guidance, page-6
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