As a minor comment on your excellent work.
Should not the interest payments be higher? You have almost no increase on 2022 payments, yet net debt moves to negative and interest rates have risen. Borrowings were $5.3 million at 30 June 22 and as the business grows it requires more working capital. In addition the initial purchase payment on the takeeover will add $7 million.
The debt line is $45 million (up $10m) and will be used to finance invoices as well as this takeover. I think you need a multiple of $1 million for interest.
As a minor comment on your excellent work.Should not the...
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