SSI has just won the LAC contract. Why hasn’t that offset this revenue decline?
Accessing JobKeeper has supported SSI through an unprecedented financial situation, and now a recession, triggered by the global pandemic. Not only has this seen revenue decline for our settlement-related programs but it has also impacted many other programs and revenue streams.
While the LAC contract has made substantial difference, it will not fully offset the losses we have and will incur due to the reduction in revenue.