Ann: Senetas CEO Investor Presentation, page-3

Overall, heading in the right direction slowly....Just need to hurry up the Votiro pipe conversion
Happy to keep accumulating around these prices.
Probably back to low-mid 2's

Still no idea of what the $5mil values Votiro at, maybe after they complete the raise?
Unless someone else can work it out based on Senetas current 59% and what they held prior with the conversion of the $6.4 loan,less the dilution of $5 investment.

"Votiro’s total sales pipeline more than doubled in HY2023 and currently sits at US$30million"

"POC conversion rate remains strong at over 90% in the US and over 75% globally, consistently winning in head-to-head technology trials against competitors"

"Customer renewal rate remained at >95%"

"A number of new channel and technology partnerships were established during the period including an integration with Box Content Cloud and a partnership with Owl Cyber Defense that will broaden the use cases for Votiro’s CDR technology and expand its distribution footprint".

"We continue to expect that industry component and other network equipment shortages will impact end user shipments for the next 12-18 months whilst the shortages persist, however,4Senetas’s sales pipeline remains strong and the very early signs that end user sales are beginning grow again is very encouraging.

The number of hardware units shipped by Senetas in HY2023 was up 40% over the prior period, however, there was a significant shift towards smaller capacity encryptors therefore modifying the overall impact on sales revenue.
The major R&D focus during the period has been on an upgraded version of Senetas’s 10Gbps hardware encryptor, and software updates."