im not sure what people were expecting here. Arr and revenue growth is on expectations.
Costs are consistent.
Operating costs of $7,252 in September last year and now $7,344 so no real change while accommodating a revenue increase of $15 million. Brilliant.
Staff cost have gone up during that period but a large portion of that is covid relief tax implications. The last 3 months that are comparable show almost no change is staff costs $9967 compared to $9291. It is better than 6 months ago and once deferred tax is repaid, will drop again.
Clearly receipts were bad but that only really matters if they turn into bad debts. As always, i think the company needs to be more aggressive here but i am not worried about getting payment. It will come.
