This is their expenses over the last 8 halves.......with a margin of ~56% they need to be hitting revenues of 8m per half to cover those costs....they did not hit 8m in revenues for FY23!
Stock based compensation in FY23 was 12.7% of gross profit so at least that is not a cash outflow, but Dyson seems not to understand the challenge the company is in
Half Total expenses 1 1H2020 2,602,140 2 2H2020 2,627,711 3 1H2021 2,623,301 4 2H2021 2,995,609 5 1H2022 2,683,605 6 2H2022 2,757,560 7 1H2023 3,237,120 8 2H2023 4,278,280
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This is their expenses over the last 8 halves.......with a...
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