WSP FY24 Outlook and Path to ProfitabilityPositive free cash...

WSP FY24 Outlook and Path to Profitability

Positive free cash flow driven by strengthened operating leverage and planned revenue growth:

• Execution of the product road map – delivering four new major releases
• Revenue growth largely driven by existing install-base increasing usage
• Continued improvement in gross margins, driven by more favourable wholesale pricing recently obtained from Telco carriers
• Cost base to remain capped at $36m
• Generating free cash flow from 2H FY24 onwards.