Ann: Q4 FY2020 Business Update and Appendix 4C, page-14

Also, you have to remember that these contracts, although were signed up recently, take time before:
a) revenue is recognised (upon completion of performance obligations);
b) the total contract value is typically invoiced in instalments; and
c) cash receipts will be staggered as a result.

You should be focusing on the future growth, which is quite clear to see currently and to generate a cash-flow positive result (albeit small) is a big win in the current environment that we are in!

There's already a forecast 9% increase in revenues (year-on-year), and the momentum that Management are generating is definitely a cause for excitement.