Ann: FY25 Results Presentation, page-6

Positives:

• The company made more money than last year, with sales growing a lot.
• It earned more profit from its core activities, showing it's doing well operationally.
• It has good cash flow, meaning it has enough cash to keep running and invest.
• The company launched new products and made important partnerships, which can help it grow even more.

Negatives:

• Still, the company lost some money overall, which isn't ideal.
• Its balance sheet isn’t perfect, with negative asset value per share, meaning liabilities are higher than assets.
• Some customers are leaving, shown by the churn rate going up.
• It spends a lot of money on employees’ stock options, which can dilute the value of shares and cause some uncertainty.
• There are risks from world politics, competition, and new technology that could cause future problems.