Ann: EOS announces 92% increase in 1H 2024 revenue, page-19

Hi all,

To put H1 2024 of $142.6M into perspective, I've listed the full year revenue of EOS over the past 5 years:

• 2023: $219.2M
• 2022: $137.9M
• 2021: $212.3M
• 2020: $180.2M
• 2019: $167.9M

This half yearly revenue represents 65% of the full 2023 year (noting that 2023 was a record-breaking year on a lot of fronts)

It's a good signal given that traditionally, performance is usually stronger in the latter half of the year (caveating rev is also very unpredictable)

My only callout here is that we really need new contract announcements that are actually crystallized and primed for production.

It's critical that Q2 results is cashflow positive to keep this momentum going - reinforced by a strong receipt position (preferably >$60M).

I would really hate to see SP tank following lackluster Q2 results