Would not read too much into the Revenue split Original IP...

Would not read too much into the Revenue split Original IP versus WFH over a single quarter, ie Q1 FY2023.

Worth remembering the steer given in their FY 2022 Activities report ....

"As of 30th June, the Company has $15.67m in existing contracted work-for-hire (“backlog”) with a substantial amount of the total to be recognised in FY23. The Company expects to sign additional work-for-hire contracts and extensions to existing contracts in the normal course of business during FY23. Notwithstanding this strong position in work-for hire, theCompanyexpectsOriginalIPtohavethelargestcontribution to overall revenue in FY23."

WFH Revenue steady at $4 m (vs Q4 achieved Revenue) with say $11.5 m backlog + any new signings + recently announced extension of META WFH contract. Then look at the pipeline for Original IP. Lots to unfold this year.

And finally, another Company set to benefit from the weak Aussie Dollar. Will have a material impact on Financials.

Very happy holder !!

Rokewa