Ann: Annual Report to shareholders, page-18

It is a little concerning considering they expected to be shipping 10,000 tpa in 2023 which has now switched to 2024. In addition, KORE's adjusted their purchase rights to 3,000 tpa beginning in 2023. Despite the fact that there will be buyers lining up out the door, they need to be shipping. Real manufacturers ship.

As above, they've missed product installation targets as well as product qualification targets - which to be honest are the only real things on that list that matter because they're revenue driving aspects. I couldn't give two bob about creating a sustainable website.

Whilst sensible growth companies cull staff in market times like this, their staff compensation has gone up, time to take some salary cuts team! Stem the burn rate! I am disappointed there haven't been more updates on progress/delays. The vision of the company is spectacular; the execution - below target.

I've got 5 figures in this company - I'm hoping they don't mess it up. If they aren't within clear sites of revenue within 2 quarters (when there will only be $45m of cash reserves remaining) I hope some activist investors start asking harder questions.

I know I'll probably get downvoted for this however fiscal responsibility if we're wanting to be a market leader is a must.