Looks like a good result. Recurring revenue grew 9.3% QoQ to A$472k which is a great result considering the new data centre is still being worked on e.g. no Tier 3 accreditation.
Only concern is the increased cash burn this quarter which leaves them with 2 quarters of cash left. Hoping this was a bigger quarter of expenses related to getting the data centre ready and they can decrease expenses next quarter.
Ann: June 2021 Quarterly Report and Appendix 4C, page-2
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