Ann: Quarterly Activity Report/ Appendix 4C - 4Q 2021, page-8

Assuming OPEX remains constant and continued revenue growth they may not need to raise during the year.

I expect their new operating model will improve margins towards 50%. Their nurse clinical workforce and new consult options will unlock massive headroom to facilitate demand.

Very difficult to find this level of growth at scale on the ASX.

The local market doesn't understand technology investments let alone Telehealth which is growing at 30%+ CAGR during this decade. A multi-bag opportunity staring at those who are brave.