I never made any comment on Fy24. Just that if this Ukraine...

I never made any comment on Fy24. Just that if this Ukraine contract kicks in and they actually get to a contract order it would be a good start to Fy24.

The EM contract may be front loaded- we shall see how much they have recognised as revenue under the accounting standards when they release the final results.

The FY21 EBITDA number was for continuing operations only see the results presentation for FY22. So stripping out all the massive millions and millions spent on Spacelink as this number is thank goodness irrelevant to what is remaining in EOS now for a comparative number.

Theres been a lot of fat cut out from the situation in Fy21 so there could be factors where it is better- eg transport costs normalising getting out of Covid etc, In any case it will give you a broad overview of operating profit based on a revenue number, not a precise one. I never said we would recreate the FY21 result.

And I delberately chose EBITDA given it is before interest expense- it gives you an underlying view on the operational result. This Soul Patts debt they intend to pay off through converting the contract asset so its not coming directly from operating cash flow.