Ann: Q3 FY23 Business Growth Update, page-2

Highlights:

• Debt-free balance sheet with cash of $12.8M as at end of Q4 FY23, up from $9.7M at end of Q2.
Cashflow neutral for FY23 YTD.
• Invoicing at $17.8M at end March up from $16.3M at same time last year up $8.8M in Q3
• Annualised recurring revenue (ARR) grew to $21.3 million as at 31 March 2023
• eMite acquires new logo accounts in Q3 FY22 through diverse new client wins, including Bank of
Queensland, Services Australia, AXA, UK Royal Air Force and BAE Systems
• Sales partnerships established earlier in FY23 with Optus, Fujitsu and Novacoast are beginning to
yield customer wins and expand Prophecy’s pipeline opportunities locally and in global markets
• Market tailwinds positive for continued expansion in both CX analytics and Cyber Security