Ann: HTG & Innovation Central Perth to Tackle Global Connectivity, page-108

question was asked in a webinar earlier This week

response was (don't quote me exactly) ;

yes, only if required to ;

1. fund an acquisition relating to the defence arm of the business
2. to fund a major defence deal (which would be with the 5 eyes)

I would love for either of these scenarios to play out!

they also have a fixed cost base of circa 10m p.a

peanuts

the annual run rate based on September quarter coming out soon which I guess will be circa 4m equates to 20m

& that's minuscule income derived during phase 1 which had minimal focus on revenue growth (purely strategically building the foundations for phase 2 which is rapid growth in annual recurring revenue)

plus this doesn't factor in any major deals being inked -
eg a global reseller deal with speedcast, similar deal with Inmarsat, deal with Cisco webex ...
plus potential deals with many of the other large globals they are in discussions/trials with

harvest has no competition

plus add in revenue from opsivity which Lowery Will growth at a rapid pace, mark my words!