Takeaways from the call so far:
- Profitability/cash flow: increase in hosting costs (>20%), unrealised FX, other front loading of costs
- Cashflow expected to be positive in FY23 e.g. large deals invoiced after half year e.g. Humana >1m invoiced in Jan
Above explains the profitability and operating cashflow topic
- eMite revenue guidance 10-11m (maybe more) for FY23
- Total revenue FY23: circa 20m
Pipeline excludes the 7 large bids. Originally 9 bids, 1 was lost to a competitor and 1 was withdrawn. These 7 are not included in the pipeline because they are significant and will distort the pipeline number. The pipeline is the the normalized one. So this could be HUGE!
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- Ann: H1 FY23 Business Growth Update
Ann: H1 FY23 Business Growth Update, page-19
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