H1 FY23 Results Announcement
We report our H1 FY23 audited financial results for the half year ended 30 September 2022, with continued strong and profitable revenue growth. Revenue was NZ$33.0 million, up 42% on the prior corresponding period (29% organic, 13% acquisition-led), Gross Margin steady at 55.5%, and Adjusted EBITDA was NZ$0.6 million (a NZ$1.6 million improvement on the NZ$1.0 million loss in the prior corresponding period). Operating Cash outflow improved 83% to -NZ$0.6 million.
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