Ann: Trading Update, page-4

Hi Cheese, although there is a small loss, you need to take into consideration the significant items,

The FY24 normalised operating expenses excludes provisions for fines, regulatory costs, costs
associated with the Bell Two Inquiry (legal, consultant and other costs) and any one-off costs associated
with the Group’s cost initiatives, all of which will be treated as significant items.

.


As you can see the significant items ($10.8mil) had turned the normaised EBIT of $9.3mil into a loss for the QTR.

It will be interesting to see once the final decision is received on the casino license and these significant items are no longer warranted what SGR's profitability will be.