Financial Management
Tyrone
$15.6m in funding secured and a growth plan the whole business is working to — Australia first, then the offshore markets behind it.
Results at a glance
Government equipment funding
$4.1m
R&D rebates and cash refunds
$5.5m
Private funding
$6m
The challenge
Where they were
Tyrone was preparing for significant expansion across Australia, with overseas markets behind it. What the company needed was not another adviser but a board member — someone who could sit inside the governance of the business and facilitate and oversee the expansion as it happened.
Growth of that scale fails for predictable reasons: funding arrives in the wrong order, departments pursue their own version of the plan, and nobody is modelling whether the cash will be there when the commitments fall due.
What we did
- Took a part-time CFO and board role, working inside the company's governance rather than alongside it
- Secured government funding and private funding to underwrite the growth program
- Established corporate and departmental strategies so every part of the business was expanding to the same plan
- Supported those strategies with three-way financial forecasting, so growth stayed coordinated and sustainable rather than opportunistic
- Extended the same framework to the overseas markets the company was entering
The outcome
What changed
The expansion is funded and coordinated. $4.1m in government equipment funding, $5.5m in R&D rebates and cash refunds over three years, and $6m in private funding — $15.6m in total — sit behind a growth strategy that departments are working to together, with three-way forecasting showing whether the next commitment is affordable before it is made.
Measured results
- $4.1m in government equipment funding secured
- $5.5m in R&D rebates and cash refunds over three years
- $6m in private funding secured
- Corporate and departmental strategies aligned to one three-way financial model
Related work
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CFO services
Senior financial leadership across ten entities, without the cost of a full-time CFO — and more than $5m a year in R&D rebates and tax offsets.
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Secretarial and board services
Share price up 277%, risk rating down 79%, and a board that can finally see what the executive team is doing between meetings.
277%
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