Ann: Half Yearly Report and Accounts, page-2

That report looks quite good. Better outcome for the half year than expected. More importantly, there is a positive tone for going forward, with growth in domestic rentals and international getting a firmer footing. It would seem that profits should rise from here. I wish they would get that distributor agreement in place in the US. Still, they presumably wouldn't have gone to the effort and expense of securing (now) 15 state approvals without confidence that we are going to eventually access this market. All in all, everything seems on track for significantly higher profits (seven figures) from around 2021/22, which should be of sufficient size to start reducing the debt and maybe think about paying a dividend and releasing all those accumulated franking credits. All this is still some years down the track, but the company does seem back on track to deliver it. I'm encouraged.