Ann: Business Update, page-8

Typical SPA Gobbledegook if you ask me.

So if
Spacetalk Wearables revenue $7.2m + MGM Schools revenue $1.0 m = Group revenue $8.2 m
and
Devices revenue $6.3 m + App revenue $0.9 m = Spacetalk Wearables revenue $7.2m

Whats with “ARR” @ $2.3 m?
Does the difference between App revenue and "ARR" get deducted from Devices revenue?
If so that would mean sales of watch revenue is actually down.

This Bundy is too confused can anyone help clarify.

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Group revenue $8.2 m
Spacetalk Wearables revenue $7.2m
Devices revenue $6.3 m
App revenue $0.9 m
App annualised recurring revenue (“ARR” $2.3 m
MGM Schools revenue $1.0 m