Investor Presentaiton
Operating Costs
6 months
ended
6 months
ended
6 months
ended
6 months to
6 months to
12 months
31 Dec 2022
In millions of AUD
31 Dec 2022
(Current
ended
31 Dec 2021
(PCP)
30 Jun 2022
(Prior half)
at PCP
30 Jun 2022
31 Dec 2022
at Prior half
currency basis currency basis
Current period Current period
vs PCP
vs Prior half
period)
COGS
40.5
37.7
44.5
82.2
38.5
38.7
2.8
(4.0)
Sales, service and marketing
35.0
25.0
30.8
55.8
32.6
32.9
10.0
4.2
('SSM')
R&D
19.4
18.0
17.3
35.3
18.6
18.7
1.4
2.1
Administration
12.9
10.9
10.1
21.0
12.2
12.3
2.0
2.8
Total Operating costs
107.8
91.6
102.7
194.3
101.9
102.6
16.2
5.1
Gross profit
83.6
63.0
75.0
138.0
77.4
78.0
20.6
8.6
Gross profit margin %
67%
63%
63%
63%
67%
67%
4%
4%
COGS
Increase in costs attributable to increased sales compared to the pcp.
Decrease in costs compared to the prior half due to reduction in total units sold in the current period.
Adverse translation impact $2.0m at pcp currency basis and $1.8m at prior half currency basis.
SSM Costs
SSM costs over total revenue was 28%, compared to 25% at pcp and 26% at prior half. Increase predominantly relating to staff costs and the impact of rising inflation across other costs.
Adverse translation impact of $2.4m at pcp currency basis and $2.1m at prior half currency basis.
R&D Costs
Increase in costs compared to the pcp resulted from the increase in evaluation and testing expenses and the impact of rising inflation across other costs. Increase in costs compared to
the prior half due to increase in evaluation and testing expenses and staffing costs and the impact of rising inflation across other costs.
Adverse translation impacts of $0.8m at pcp currency basis and $0.7m at prior half currency basis.
Administration Costs
Increase in admin costs compared to the pcp as a result of increase in professional fees, personnel costs, and subscriptions.
Increase in admin costs compared to the prior half as a result of increases staff costs and the impact of rising inflation across other costs.
Adverse translation impacts of $0.7m at pcp currency basis and $0.6m at prior half currency basis.
A
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