$280k EOFY sale boost. $107k grant boost. From the reported $809k cashflow. Maybe $422k underlying.
It's nice to hear that subscription will be improved.That would make the basic business more attractive to users.
I found the staff numbers to be very interesting.
Staff was 19.9% of revenue this quarter, vs 33.5% last quarter.
But the relative increase in staff costs, versus the increase in revenue, just 6.4% ratio!
So the marginal cost of staff was just 6.4% of revenue (since it needs mainly customer support to support more users/trades, not more devs for example). So further increases in scale might boost margins by that 13.5% difference. There's a lot of benefits left to be had from increasing scale.
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