If the 40% revenue falling through to the bottom line is correct and based on the estimate of quarterly revenue average of $12.5 million that could mean an underlying EBITA of 7 million but I would be hoping for more if some of the things Andrew referred to bear fruit. Looking forward to the 24/25 guidance to be provided at the end of August
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14
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