Full Year 2021 Datatec Ltd Earnings Call Transcript
Hello. Good afternoon, everyone. I am sorry we're a moment late. We are presenting our full year FY '21 results, 12 months ended February.
The agenda today is I'm going to go through a quick summary of the key features and highlights of FY '21. I'm then going to hand over to Ivan to go through the detailed financial review, and then I will be back to cover a review of the operations and then closing with our prospects and outlook for the year ahead.
So if I could jump to start with slide, what is Slide 4. Our revenues fell by just over $100 million; however, revenues in LatAm alone contracted by more than $160 million.
So without this regional decline, we would have actually shown revenue growth. Overall, we had a resilient performance in a year of poor overall macroeconomic fundamentals, but we saw many areas of technology expanding.
Our EBITDA -- sorry, gross profits fell by $50 million, largely reflecting the mix change as Westcon International grew, but Logicalis reduced. Our EBITDA
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