Net Profit margin = Normalised Profit / Normalised Revenue

FY2016: $3.455m / $32.923m = 10.5%
FY2017: $3.815m / $34.766m = 11.0%
FY2018: $4.372m / $34.225m = 12.8%
FY2019: $4.202m / $34.771m = 12.1%
FY2020: $1.326m / $32.868m = 4.0%

Conclusion: Good profitability gains between FY2016 and FY2018 which proves it can be done. PASS test!

SNOOPY