Did you forget? You were "handing me the numbers because you...

Did you forget? You were "handing me the numbers because you felt sorry for me" and I apparently "make bold statements without doing any research".

Now you agree that these one-offs were all irrelevant to the current management but you're cranky I did the research to show it. Riiight.

"Even if one-off write-downs occurred in FY23, the latest Q2 report shows a dramatically leaner cost structure under new management."

"Q2-to-Q2 comparisons reveal nearly halved operating costs."

Not sure why you keep repeating this when we both know it is factually untrue. The numbers show a 23% decrease in overall costs Q2-to-Q2. And that is accompanied by a 25% decrease in revenue. What you are calling a dramatically leaner cost structure is just less making less and selling less.

		2Q24	2Q25	decrease
1	Receipts	2,292	1,727	25%
2
3	manufacturing/operating	1,955	1,428	27%
4	advertising/marketing	75	69	8%
5	staff costs	575	418	27%
6	admin/corporate	453	448	1%
7	total costs	3,058	2,363	23%

And before you say that they have had a whole lot of one-off costs related to the new product, remember we've just been over that, and you cited a bunch of irrelevant costs from before the new management / strategy / product even existed. So it looks like costs will need to increase drastically from this point to support this new product launch.