Ann: FY22 Half Year Results presentation, page-13

I know it says 37% Organic Growth on the slide but I'm not sure how that adds up:

So they're going from $27.2m in 21 to $37m in 22. That gives me 36% growth (not 37%) but whatever. But then on slide 9 it says that H12022 includes 5 months contribution from IWS.

So given they now have IWS just what combination of numbers supports the claim of 37% ORGANIC growth?

Happy to be corrected but I can't see much to get excited about. Glad I sold out.