Ann: Quarterly Sales Up 52% with Beam to Post Improved H1 Results, page-5

Excellent update, my key points:

1. ANZ subscriber numbers are above 2000, tracks well to predictions/modelling by Access
2. "Beam is close to signing on other key distributors in the government/enterprise space" - depending on the size and length of contracts could introduce a material difference to BCC and it's market perception
3. "...Beam capitalised $723,000 in product development costs relating to
the new Iridium Certus® devices and ZOLEO product enhancements" - this is proof that the ZOLEO platform is being further developed and I am making an assumption that this relates to the previous news of SDK/APK releases to 3rd parties. I believe that this ties into the news regarding government and enterprise as they will have a modified feature set/interface that meets their specific company requirements.
4. "Beam’s total available funding as at 31 December 2021 to $9.8 million" - BCC is well cashed up and considering that they are reporting positive HFY22 Results this position will only increase. Kkey question though, how will BCC apply this capital to promote further growth?

Onwards and upwards from here, even though I am cognizant of ongoing market volatility specifically across tech stocks...so we may actually drop with the rest of the market.

Regards.