Ann: Q4 and FY21 Results Preview, page-44

What I love is the acceleration of revenue in Q3 and Q4 in 2021 (the last 6 months of sales) compared with 2020 (6.9m compared to 3m roughly 130% increase). Q1 and Q2 was quite similar from 2020 to 2021. Just proves some great things are happening in the past 6 months. The build up has been consistent and methodical. Maybe we are starting to see all the green shoots starting to take off. I’m massively keen to see Q1 (2022) to see if we can easily go over 2.7m. Hopefully UK coming out of lockdown and returning to school (2nd September) drives some big Q1 numbers. Q2 has obviously been our biggest quarter because of Xmas and return to Australia school term. It’s interesting to see that Q3 and Q4 in 2021 were as big as Q2 in 2019. Hopefully Q3 and Q4 in 2023 is as big as Q2 in 2021 (5.5m) - or bigger. Bright times ahead for this company if they can keep developing world leading technology and rollout successfully in US.