Ann: Half Year Results Announcement, page-19

A few observations:

• The business is at a life-changing inflection point - cashflow positive - this is a massive milestone - there are dozens of tech companies on the ASX who are light years away from this point - it speaks to many things about DSE - not least rapid growth / low cost expansion / hyper efficiency in go-to-market / excellent margins / well run ship...

• As reported in the quarterly there will be an update on growth (August numbers and churn) in early Sept - so that's any day now - if the numbers are good that will be 3 rippers in a row - and should be cause for some serious re-rating - 20+ cents is likely to break - not only will this consolidate all the momentum but puts the magic 1 million users on the agenda - another fantastic milestone

• And we still have product innovation to come - adding more back-up facilities - and thus more $$$