Investor Presentaiton
Development cost incurred
•
•
Next Gen delivered successfully in Dec 20
From Jan 21 focused on delivering new contract
wins
Increased investment following new data contract
wins and revenue generation
Amortisation of Next Gen commenced from Jan
21 driving a 16% increase in amortisation
expense
Empowering Automotive Aftersales
INFOMEDIA™
Product Development¹
FY20
A$'000
FY21
A$'000
Change
Development cost incurred
(28,353)
(30,607)
8%
Non-Cash items
Capitalisation of Product
Development
21,910
24,965
14%
Amortisation of development cost
(15,923)
(18,475)
16%
Research and development
expenses
(22,366)2
(24,117)
8%
Cash EBITDA
21,251
20,424
1 Refer Note 4 of the FY21 consolidated financial statements - Research and development expenses
(4%)
2 Reclassification of prior year expenses associated with hosting fees and at risk remuneration adjusted between R&D and G&A. Research
and development expenses FY20 pre-reclassification was 20,057, now 22,366. No impact on Cash EBITDA
13View entire presentation