With all new products to be released and new partnerships to...

With all new products to be released and new partnerships to start bearing fruit it is not unreasonable to forecast $12M revenue for FY2023 (Q1 numbers support this). FY2022 operating expenses excluding IPO and non-recurring costs were circa $8 million and $2 million was capitalized for leases and further product development. At 80% gross margin (assuming further decline from last reported 82% figure due to higher cost of wagering technology product) we are operationally cashflow positive by the end of the year and might even be fully CF+ if opex and capex don't grow. Cash burn rate is about $1 million per quarter.

By the end of FY2023 we will have a company which:

• is operationally cashflow positive
• has tight share register with insiders owning more than a half of the company
• is growing revenue at 50%
• has $7 million in cash
• is set to benefit from "rising tide lifts all boats" industry situation

All of this is available to you for modest $21 million today.