Do you think this confirms the hardware revenue wasn't recognized in FY21.
"Non-recurring revenue consisted of A$279,010 for Q1 FY22. Much of this relates to hardware sales directly related to digital currency mining equipment that had been prepaid for by customers in prior quarters."
Though I notice they didn't include Q1 in their revenue graph so it is possible you are right and they had a weak Q1FY21.
Overall pretty good quarter and they got some new customers for bibra lake. Though cash burn will remain a concern until they are done with bibra lake expenses.
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