Ann: FY24 Unaudited Financial Guidance Update, page-6

Thought the prelim result was in line with expectations - obviously thought we'd be cash breakeven but $1-2m burn rate per annum is solid vs. other companies.

Example:
* 3DP burning $1-2m a quarter & only generating $1-2m revenue a quarter with negative growth & nil sticky ARR (FY24F: $6.1m receipts and $(6.0)m burn with a market cap of $50m)
* Continually raising equity to fund operations and limited growth
* AMX burning $0.5-1m a quarter & generating $5-7m revenue a quarter with flat growth & >40% sticky ARR (FY24F: $24.5m receipts and $(1.7)m burn with a market cap of $34m)
* Hasn't raised equity since IPO pre 2020, never had to report quarterly as EBITDA positive