SJSA Annual Report 2023-24

Annual Report 2023/24

Where our money comes from – revenue

Revenue by category

2023/24 ($’000)

Percentage

2022/23 ($’000)

2021/22 ($’000)

2020/21 ($’000)

2019/20 ($’000)

Training Fees

5,211

17%

4,964

4,567

2021/22

4,364

Merchandising

3,128

10%

2,928

3,097

2020/21

2,659

Grants

1,234

4%

2,070

989

2019/20

2,030

Event Fees

1,498

5%

796

1,170

1,069

1,153

Investments

733

2%

381

460

676

533

Other

945

3%

614

713

655

614

Fundraising, donations and bequests

18,638

59%

14,249

12,187

15,014

9,328

Total

31,387

100% 26,067

24,610

24,492

20,680

During the year ended June 2024 we generated operating revenue of $31.4m which is $5.3m or 20% higher than the previous year. This was due to increases across all revenue line items. Overall, the largest contributions to revenue were provided by the social enterprise activities - training fees, merchandising sales and fundraising income. These accounted for 86% of all revenue received. Of the other revenue sources, grants accounted for 4%, event fees 5% and investment income 2%. This year fundraising, donations and bequests have increased by $3.62m or 24% predominantly due to the successful 2023 St John Christmas Home lottery campaign. Carols by Candlelight continued to help boost lottery ticket sales. Training fees increased $644k or 14% from the previous year. This has been driven by post-COVID increases as well as the introduction of SJx Training. SJx is a new learning platform for the delivery of Provide First Aid. It promotes a more immersive experience using an advanced style of technology and also enables an increased class size. Merchandising income increased 1% or $30k. This was predominantly due to componentry product sales, with the restocking team at capacity. Defibrillator sales were down due to the maturing state of the category in South Australia as well as the increased market competition with the upcoming implementation of the Automated Defibrillators (Public access) Act 2022. Grant income increased by $245k predominantly due to an increase in Government grant funding for Home Support programs. Event fees increased by $429k. In 2023/24 event activity has returned to levels more consistent with those seen pre-COVID. Investment income increased by 8.4% or $57k. This was due to the favourable market returns as well as higher interest rates for cash held on deposit.

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