EOS electro optic systems holdings limited

Ann: EOS Secures Contract (approximately A$51m) to Supply RWS, page-8

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    Some events needed for a derisk here:

    1. June Q2 4C- hope to see cash position more improved through customer collections and a big decrease in the contract asset- war chest for future revenue expansion and pay down of debt
    2. Paydown $20m debt due September. At like a teens interest rate thats a $2-3m increase in earnings to fall to the bottom line.
    3. Ukraine product test- need to get products into country to go unconditional- must be due in Q3? Will an unconditional announcement derisk the SP more?
    4. CUAS market- lots of talk here around engagement with customers etc- need to see some contracts which gives EOS another product segment.
    5. Strategic partnership- again lot of talk here- tie up with a Prime to give market penetration and quicker time and cheaper access to market for products surely will get the markets attention.
    6. Space- when are we finally getting some momentum in SDA and "Space Warfare"? Revenue of $4m means its not contributing to group profit much. What happened to JP9360?
    7. New Products pipeline- Directed Energy commercialisation in defence and Space? R800 launch? T1600?
 
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