The table that shows the penetration ratio/ revenue, and potential revenue is highly misleading imo.
The current penetration ratio was the result of most of the revenue to date since since listed, minus field work, upgrade, and non repeated rental.... so I will say the sum of the net asset and the accumulated loss will reflect the current presence.
Also $28m is not ARR, and will be achieved over some years if at all.
This shows the CFO lack of understanding of the business. and Dyson is hyping.
Ann: FY22 Investor briefing, page-2
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