Ann: Appendix 4E and FY21 Financial Report, page-2

Profit for mid year was - $2,527,788

The first half had the adverse cash impact of Icon but was a liability in the 2020 FYE accounts hence taken up in the previous years 2020 P&L.

Profit for FYE 2021 is - $3,386,632

So technically they made a loss in the second half of - $858,844

But we have to take into account the Lyramid sale and R&D $500K and $646K. So without these one off events the loss for the half is - $2,004,844

Only a $500K improvement on the first half.

IMO they are a long way off from profitability, sales are booked from date of invoice, not cash receipts.

The employment costs have been discussed to abnorsiam, I'll wait to vote at the AGM and hope we get the two strikes this time.