Yes, outlook doesn't read well. alot of 'skewed to 4th quarter',...

Yes, outlook doesn't read well. alot of 'skewed to 4th quarter', 'conversation ... lower' etc. This is one that I got wrong. Fell for the 'orders will return once we are past lockdown' story. Good learning experience. Just wish it didn't cost money

*YTD revenue plus orders in hand for delivery in FY22 is approximately US$360M1 as at August 2022, in line with August 2021,
with customer delivery schedule skewed to the fourth quarter of FY22
*Conversion of forward orders to sales occurring at lower rates than prior years
*No material improvement in monthly trading in July and August trading to date
*Expect higher volumes in the latter part of 2H from:
• delivery of seasonal Global projects and ramp up in existing Global projects
• continued growth in China
• ramp up of Quadrant into Global and Enterprise customers
*Expect FY22 revenue skew to be weighted to 2H, although revenue not expected to be at prior year levels due to slowdown of
Global customers
*Expect FY22 EBITDA and FY22 EBITDA margin to be materially lower than FY21 mainly due to lower revenues, as well as
investment in product, technology and transformation