St John Ambulance SA Annual Report 2022-23

40

St John Ambulance Australia SA Inc.

Where our money comes from – revenue

Revenue by category

2022/23 ($’000)

Percentage

2021/22 ($’000)

2020/21 ($'000)

2019/20 ($'000)

2018/19 ($'000)

Training fees

4,567

19%

4,710

4,964

4,364

5,445

Merchandising

3,097

10%

2,526

2,928

2,659

2,842

Grants

989

5%

1,334

2,070

2,030

1,423

Event fees

1,069

3%

796

1,170

1,153

925

Investments

677

2%

381

460

533

567

Other

655

2%

614

713

614

586

Fundraising, donations & bequests

15,014

58%

14,249

12,187

9,328

481

Total

26,068

100% 24,610

24,492

20,680

12,269

During the year ended June 2023 we generated operating revenue of $26m which is $1.5m or 6% higher than the previous year. This was predominantly due to increased lottery ticket sales and increased merchandising sales. Overall the largest contributions to revenue were provided by the social enterprise activities - training fees, merchandising sales and fundraising income. These accounted for 87% of all revenue received. Of the other revenue sources, grants accounted for 5%, event fees 4% and investment income 3%. This year fundraising, donations and bequests have increased by $765k or 5% predominantly due to the successful 2022 lottery campaign. St John SA ran its inaugural Carols by Candlelight which helped to boost lottery ticket sales. Training fees decreased $143k or 3% from the previous year. Training fees continued to be impacted by COVID cancellations across all training courses. Merchandising income increased 23% or $572k and was driven by both Defibrillator and Componentry product sales. The sales team were successful in securing a key new 3-year supply contract, which assisted this growth. Grant income decreased by $345k predominantly due to the finalisation of a 3-year grant to provide free CPR courses to the community. Event fees increased by $273k. In 2022/23 event activity has returned to levels more consistent with those seen pre-COVID. Investment income increased by 78% or $296k. This was due to the improved economic environment as well as higher interest rates for cash held on deposit.