Ann: Zoono Half Year Results, page-7

let us not forget that all the costs associated with the $7.1m revenue (that, with a more ambitious/less conservative accounting policy, would have been invoiced in 1H21 results) have already been accounted for in the 1H21 result... ie it would basically have been $7.1m more or less straight to the bottom line. Imagine a 1H21 NPAT of, say, $7m... for a growth company with a marketcap less than $130m! that would be insanely cheap! and that is what it is, if it wasn't for the conservative accounting policy. But I'd rather it be conservative accounting than creative accounting!