Ann: Market Update - Spirit's Go-To-Market Refreshed, page-7

The key takeaway's:-

New Security Operations Centre (SOC) goes live 1st June 2023: built to ASIO “Secret” standard and currently protecting $11b of revenue from some of Australia’s leading organisations, this is a key distinguishing factor as a Managed Services Provider ....☆

Communication and Collaboration continues to exceed expectations, with contracted revenue growing to $47 million as of May 2023 ... ☆

Obtaining ASIO secret standards should generate client confidence in business servces, products, and programs. And drive sales, revenue towards profitability starting in Q4 and beyond (Q1 and Q2 23/24). However, company needs to keep focus on managing debt.

Company undervalued IMO.