What do you mean, " not quite tracking"? FY24 looks to have revenues around the $4m USD mark on the above graph. The current cash rec of $2.1m plus $2.73m revenue from the report, ( cash rec 4 days after the eofy) equates to approx $4m USD. Thats pretty good tracking in my books.
FY25 looks to be around the $12m USD mark, with the largest jump in industrial segments. This graph would have zero inclusion for CLAWS project wins and there will need to be adjusted upwards of the pink block if they win those projects.
FWIW, i believe the delay in announcement is a positive thing, as a negative outcome would have already been decided and announced. This is most likely government administrative laggings.
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