The Q4 2021 4C release was always going to be the low point SP...

The Q4 2021 4C release was always going to be the low point SP wise. The cash burn was always going to be $1.5M due to incentives etc.

Q4 2021 revenue exceeded my forecast of $930k & was $1,027k is very positive. Revenue for June appeared to be circa $480k.

PMOC increased by $13,844 in Q4 2021 while revenue increased by about $279,000. Revenue was higher than PMOC unlike previous quarters when PMOC was higher than revenue. An additional $144k was spent for advertising in Q4 2021 for B2B Market launch. Staff costs increased about $300k for the quarter & admin costs about $121k. All the new hires have added significantly to staff costs but you need to invest in the team to grow the business.

I prefer to be burning cash & growing revenue from $4M run rate now to $21M run rate after the acquisition in leau being cashflow positive. The PWG acquisition will increase revenue by 425% YOY. DW8 will continue to grow at 400-500% pa via acquisitions so forecast revenue for FY2023 will be circa $80-100M. DW8 is a hyper growth company as we have seen since launch in November 2019.