Ann: Appendix 4G and Corporate Governance Statement, page-4

I like the direct-to-parent push, offering practice assessments as a SaaS. Can see lots of parents spending money on this as an easy way to give their kids an edge in exams. And if they don't... could be big, but how big? 150,000 so far, TAM of $200m with 800,000 households??? Where did these numbers come from? is that the total number of households with kids in school, at any age? Bit more detail Janison please.

I note that one of the reasons for the increase in OPEX is an increased investment in sales and marketing. This is interesting as the cost of sales fell, which is counterintuitive.

Overall, for me, I think the presentation is muddled. I'd like an elevator pitch for each business unit so I'm crystal clear as to why people want it, how they are scaling it and confidence they have the right team now.