Ann: ZOLEO Officially Launches into UK and Europe, page-3

Looks like global market sentiment and the fact this was more or less baked in means we won't go anywhere now until next 4C and how cash flow looks or some strong AUSNZ Zoleo numbers at that time.

I think there needs to be better cash flow and margins, normalised we should be making $30 mill revenue and have about $24 of costs so 20% margin, worst case 10%, otherwise it is not much left for us.

I would like to understand just how much additional spend was made in the March 2022 secure components etc,we have kind of been given this reason for low cash flow 2 quarters in a row so will it catch up soon?