Ann: Alexium BioCool Products (Clarification), page-11

From the announcement :- my comments in bold and I am still in the dark to some extent.
With due respect - and keeping things as simple as possible -which is a challenge ???

'To clarify information provided in yesterday’s announcement, first sales of BioCool™ products began in
earnest in April 2021 and already accounted for approximately 48% of Alexium’s revenue streams from
the mattress market segment by July 2021'.

4-months accounted for 48% of AJX's revenue 'streams' from mattress market
- for the past 12 months ????

So assuming (?)
'For perspective on the value of this business, the mattress market segment as a whole contributed US$5.3M of FY2021 revenue (both textile and foam applications).'
-then a back of envelope calc.,
-$5,300,000 pa
- so 48% of $5,300,000 = $2,544,000 in just 4 months or 1/3rd of the year
-so $2,544,000 x 3 = $7,632,000 pa.. or a 44% pa increase .
-Please correct me - done quickly

In the conversion of our customers to BioCool™ products, these sales are to new and
established business though the Company does not have insight into the exact end-use for its customers.

-Wonder how many new -established businesses -That would have been reasonable simple to advise and helpful IMHO