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Full Year 2022 Naked Wines PLC Earnings Call Transcript
Ladies and gentlemen, thank you very much for joining us today, and welcome to the presentation for Naked Wines' financial year '22 results.
I'm going to start off by giving you a little context, and then I'll hand over to our CFO, Shawn Tabak who will take you through the details of the financial results. And then I want to talk to you some more about the outlook for financial year '23 and our long-term growth plans.
So firstly, a reminder about the problem we exist at Naked Wines to solve. The wine industry, it's one of the oldest industries in the world. Don't know where it is on that ranking, but it's high up. But it has some fundamental problems, and Naked exists to try and bridge those. And at the heart, we're looking to solve problems for 2 stakeholders: for winemakers and for consumers.
On the winemaker side, the biggest challenges we see are barriers in terms of access to capital. Put simply, making wine is expensive. Scaling a business, if you're an independent winemaker and delivering
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