Ann: Q1 FY2021 Business Update and Appendix 4C, page-7

I'm sorry, but the way these updates are given are overly complicated and is only going to lead to shareholder disappointment when bottom line never ties to the favourable top line messages.

27Jul2020 4Q20 update indicated that FY2021 contracted revenue of 12.8m
9Sept2020 FY2020 presentation says FY2021 contracted revenues of 12.8m (of which 9.7m recurring)
27Oct2020 1Q20 update says FY2021 contracted revenues of 14.7m (of which 9.9m recurring)

I mean all the 'significant' contracts signed in 1Q only resulted in 0.2m in revenues in FY2021....it seems like most of uptick is in product implementation & services (also strange terminology that recurring revenues are 'products').

Surely more transparency will not only be better for them, but also have more informed shareholders