Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

Lets hope Shareholders can start to see some of the good news reflected in their holdings.


Swoop CEO Alex West comments “We are very pleased to report what is our strongest free cash
flow and organic SIO growth quarterly results since listing almost 2 years ago. Our efforts to
automate and improve the business has not only resulted in lower operating costs but also
delivered us record organic growth over the period. The business is in great shape, we are well
capitalised and demonstrating strong organic growth and the ongoing consolidation of our
systems is delivering real differences. Forward sales are at record levels meaning we are on
track for neutral free cash flow exiting FY23 all while continuing to invest in the business for future
growth.”