Your correct, that contract will be a dead duck. Gross margin unfortunately appears to continue to shrink if profit of about $140k is new news with more downsizing.
In September key personnel were removed which probably has had a customer impact for next year but hopefully not this year.
1 State Manager WA 2 National managed services executives and apparently a few more staff
Cost savings of approximately $4 million against expected FY22 costs were communicated in that independent report so maybe they can remove a data centre for a better EBITDA ?
