Ann: Half Yearly Report and Accounts, page-4

"Licencing revenue of $2.3M, up 49% on PCP; "
While AR9's H1-FY24 produced an impressive 49% increase when compared to H1-FY23 (PCP),
my calcs show that licensing revenue growth is just 2.4% (~4.025M) when compared to H2-FY23 (earlier half).
It reads like their Customer Wins (BAR, Navy & KPMG) have been delivered. So there's a likelihood that 49% growth is a once off.
However, AR9 services revenue has been a stellar performer so far.
*Above figures are just based on my calcs. Happy to be corrected.
Different formats and ways of past reporting make it difficult to calculate.