Ann: Updated Investor Presentation, page-19

I would not be too concerned with the profit number but pay more attention to the cashflow number. I know some people here have been frustrated with the share price but this is truly undervalued. They raised circa 10m a couple of years back (q4 2021 I think) and at the end of Feb/March, they have approx 12m. So growth over the last couple of years has been self funded and they have ample capacity to keep growing. I suspect one of the weaknesses is finding good sales people - Brad has eluded to this point on every call, which I guess holds back growth a little bit. But they have still grown ARR and improved cashflow over the last couple of years. When they secure more partnerships like Devo (i.e. Devo do the selling) , then this weakness is mitigated.