Ann: Change in substantial holding, page-8

Apologies for any grammatical errors as I’m in between meetings.

DJLowcash -
In what way shape or form has votiro not progressed? You do realise that some of us here are large holders in Senetas and unsubstantiated comments like yours are quite annoying.

I refer you to my post last week on votiro’s historical revenue and ARR growth:

https://hotcopper.com.au/posts/71313481/single

From memory , Ravi joined votiro around 24 months ago and I would say he has done very well in light of the macro environment during which he commenced his tenure. All he could manage better is his appearance in public pressers.

The key is for votiro’s costs to be managed in accordance with the company’s recent comments at the AGM, and as ARR expands from US $10m to low to mid teens, to US$20m+ over time, we will reap the benefits as SEN holders I am sure.