Some key points:
1. Reaffirm FY2022 revenue guidance 31.3M to 33.3M.
2. Sales in Q3 of FY2022 was quiet compared with the previous Q1 & Q2
3. This is a great update - The integration of Aura IQ with fire detection has been completed and qualification has been received
4. 1st Aura IQ order to be finalized in Q4 of FY2022 with a new testing for another major mining company starting in May.
5. BQT orders start boosting as a result of the deal with Dormakaba. I remember Rob used to answer my question for the margin of the sales in BQT products can range from 40-60%.
6. Potential risk: Supply chain delay for recent lockdown in China.
Anyway, FY2023 will be a great one IMO. Looking forward to the next 2-5 years.
Ann: Q3 FY2022 Trading Update, page-2
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