There could very well be a case where the global cost of living crisis had put brakes on people buying and using audio-visual equipment but I have read somewhere recently (can't remember when and where - old age may be the explanation) the the huge backlog in supplying the equipment due to chip shortage and other logistics problems back in the COVID days have not been all cleared so Audinate must still be very busy making and delivering the goods. Even if new sales have slowed, cash should still be comng.
I am still expecting dividends within 5 years.
Ann: FY24 Financial Results Investor Call Details, page-20
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