I find it amazing the spin that companies (particularly BTH) put...

I find it amazing the spin that companies (particularly BTH) put on their result, typically the P&L is where most of that seems to happen by focusing on things like "adjusted EBITDA". Making investors look at what they want you to and not the entire picture. But here I notice they are call out a "Transition of business to cash flow breakeven with 2H FY23 EBITDA positive of $0.1m", so now the cashflow isn't even off limits. For transparency below are the last four halves of Net cash used in operating activities:
H1 FY22 ($2.4m)
H2 FY22 ($2.1m)
H1 FY23 ($2.2m)
H2 FY23 ($9.8m)

On top of the operating cash flow they still managed to spend an additional circa $11m on investing activities in H2.

Then a very normal thing for many companies is to focus just on the annual numbers when the first half looked good and the second not so much. Just looking at revenue H2 FY22 was $62.2m which was mirrored in H2 FY23 at $62.2m but if you read through their material you'd think all their spending on development and buying every company that for sale is paying off. But the company didn't manage any additional revenue. Lets hope for one of these buyers to take it on and right the ship!