Presentations/Webinars/Podcasts/Media, page-1071

In a 'sum of moving parts caIculation' a good case scenario may be $4m NPAT for 2023 FY, assumptions:

A: Revenue is translated from ACV in 5 quarters = $22m
B: Expenses (excluding COGS and Share Based Payments) $9m run rate for 2023 FY @ 33% growth rate = $12m
C: COGS @ 15% of Revenue = $3m
D: Share Based Payments Future Recognition Per Annum = $1m

$22m Revenue - $12m Expenses - $3m COGS - $1m Share Based Expenses = $6m EBIT = $4m NPAT.

That NPAT figure is very sensitive to changes in any of these moving parts so would need to avoid any 'leakage'.