Ann: Becoming a substantial holder, page-78

Excerpt from Nov 16th interview with Paul Sanger.

Paul Sanger: Fantastic. And the fast start has put the company on a trajectory for a strong billings growth into FY23. What sort of growth to revenues can we expect to see by the end of the financial year?

James Brennan: Yeah, so that's the other thing that we announced in our quarterly is that, you know, just based on the contracts that we have in hand and the contracted revenue, which includes kind of the setup fees and the monthly recurring fees, that's given us a baseline of $725K for the next 12 months. And that's a nearly 50 per cent growth over our billings and invoices from the prior FY. So, that's really set us up. So, immediately out of the gate, we know that we're going to have a 50 per cent growth for the year, but that doesn't include things like variable revenues that are built into a number of our contracts, any upsells and additional products that we're bringing to our existing clients. We very much see a strong potential to double the revenue from our existing contracts alone. So, existing customers taking new products, the variable upside revenues from those existing customer contracts. And then, on top of that, we've got all the new contracts that we're working on. So, that doesn't include anything that we bring on board from kind of today forward. So, we've got a great pipeline, which we'll talk about in a little bit as well.

James sounded confident that they will exceed the above, just so we are clear.

cheers.