Ann: Capital Raising Presentation, page-12

FY21 guidance:
• 40%+ revenue growth
• 35%+ gross profit margin
• FY21 growth expected to be driven by:
• Power plant activity returning to pre COVID-19 lockdown levels
• New Pellet business lines:
• Pelletising for other major AC players
• Two new Pellet contracts signed in June are expected to
contribute materially to FY21 revenue
• Launch of new Pellet products for removal of phosphate and other
nutrient contaminants from water
• Strong margin expansion expected in FY21, driven by:
• Higher margin new Pellet business line (gross margin increase to 40%)
• Higher plant utilization
• Elimination of reliance on third party input materials
• Expecting to be profitable and cashflow positive from 2QFY21

yep, sure