Investor Presentation FY23 Growth Acceleration
Operating expenses / staff numbers
Higher expenses reflect planned investment in R&D, commercialisation and organisational capability
Employee benefits expense $'000s
Cost of goods sold
FY22
FY21
Change $
Change %
·
1,485
668
816
122%
Previously signaled investment in headcount to
support growth including 12 via acquisition
Research & Development
Sales & Marketing
4,592
2,783
1,809
65%
•
1,971
695
1,276
184%
General and Administration
Total employee benefits
2,783
2,197
586
27%
•
10,830
6,343
4,487
71%
Staff nos. (FTE) as at 31 March 2022
FY22
FY21
Change $
Change %
Cost of goods sold
17
9
8
86%
Research & Development
41
27
14
51%
Sales & Marketing
17
12
5
39%
General and Administration
15
9
6
70%
Total staff nos. (FTE)
89
57
32
57%
Other expenses $'000s
FY22
FY21
Change $
Change %
Cost of goods sold
459
377
83
22%
Research & Development
301
341
(40)
-12%
Sales & Marketing
559
346
213
62%
General and Administration
2,274
800
1,475
184%
Total
3,594
1,864
1,730
93%
TradeWindow
•
R&D up $1.8m to support current and future
growth (employee numbers from 27 to 41)
No R&D cost capitalised to balance sheet
Increased sales capability in New Zealand and
Australia
General and administration up-building
organisational capability (e.g. HR, Finance) to
support listed environment and growth
opportunities
Other expenses included one-off listing costs
($0.5m) and related ongoing costs increases
($0.6m) (insurance, audit, professional)
Investor presentation
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