"Record revenue quarter for the group" says the announcement
And yet even then, staff costs of $3.35M chewed up 70.5% of that revenue straight away, never mind all the other costs in the business.
All this talk of cutting costs is mostly rubbish, until they start letting staff go.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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