Ann: Response to ASX Query Letter, page-13

There is a market, but it is still a race to the bottom. Thin margins means you need a large number of users.

What differentiates Tikfroce from other providers?

If we look at what the platform offers - credentials, police check, verification etc

These are all services that other larger providers have been building out. Tikforce HAD a contract with Australia Post, but then it was ended and AusPost have built their own verification system and have deeper integration with government providers than Tikforce. SEEK has been building https://certsy.com/ and have integrated it into their companies. CVCheck is at an all time share low.