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Some notes vs previous updates: - marginal improvement in...

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    Some notes vs previous updates:
    - marginal improvement in forecast from ~$7.9m on 27th May to ~$8.2m today
    - recurring revenues are however unchanged at $5.3m annualised (from 27th May)
    - unweighted pipeline has reduced from $12m in Mar to $11.6m in May
    - 'Solarcam' to be launched in 1Q25 (don't recall that being mentioned before, but seems like a simpler unit with just a small panel and camera)
    - FY25 revenue range unchanged at $10.2-12.0m & EBITDA of $0.1-1.3m ( I would say that the lower end of this is insufficient and they will have to target at least $1m in NPBT to demonstrate a real turnaround)

    Again the noise around valuation etc.....just bring in sales, positive cashflow & profitability and the rest will take care of itself (and if it is so undervalued, take half of your $400k in shares!!)
 
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