Ann: Appendix 4C - quarterly, page-22

Jackfrost
The management running this company since the T/O with PSY seem to pride themselves in achieving for the company.
They obviously must have a very good workforce in place to help them achieve their goals.
Work for some big name companies, who demand quality at a reasonable price..

I like the way they state their goals for the next quarter and beyond and regularly do better.
Below the list of targets etc from their April Investor Update.
Looks like a happy company going places and growing quite nicely.


April '19 Presentation:
Met or exceeded all 1H FY19 milestonesMilestones 1H FY19 UpdatesMinimum 15% revenue growth compared to 2H18Exceeded  1H19 revenue of $5.7m represents 43% growth on 2H18 revenues of $4.0m15% increase in engineering services capacityExceeded  25% headcount increase in engineers and designers to current 60 personnelSecure three new significant and high-dollar value projectsAchieved  Rex Bionics, Gyder Surgical and large Utility (commercial-in-confidence)20% reduction in cash used in operating activities in the December quarter against September quarterExceeded  27% reduction in cash used from $1.8m in 1Q19 to $1.3m in 2Q19Implement Buy, Build, Invest strategyBuy  Continue efforts to identify strategic acquisitions Build  Implemented internal product identification opportunity program. Invest  Established strategic equity partnership in Gyder Surgical P/L, Memphasys (ASX:MEM)Slide 9 Hydrix | Investor Update | 1 April 2019On track to meet or exceed 2H FY19 milestonesMilestone Aspirations 2H FY19 Status Minimum 15%revenue growth in H2 compared to H1 On TrackSolidify global leadership position engineering cardiac assistance control devices On TrackSecure three significant and high-dollar value projectsOn TrackTargetingbreak-evenin 4Q FY19 On TrackIdentify our next acquisition or equity investment opportunity.
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I need to find some funds urgently....just waiting on another little company I'm holding.

Regards
Dabru