FY24 Annual Results Market Release
We report our FY24 audited financial results for the year ended 31 March 2024, with record profitability and positive Free Cash Flow delivered. Revenue was NZ$50 million (cash receipts higher at NZ$52.2 million, down 15.8%), Gross Margin was 63.8% (up about 1,000bp over the last two years, reaching 68.8% in Q4), Adjusted EBITDA was NZ$4.5 million (triple FY23's NZ$1.4 million, our third consecutive year of positive Adj EBITDA), and Free Cash Flow was NZ$2.3 million.
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