Ann: USA Sales Update, page-54

The company really needs to advertise stuff like this to the market more. I am pretty sure they mentioned it once in the FY23 presentation, but they really need to slap the market with the news over and over again so it can properly sink in. I am guessing many investors have been sitting on the sidelines because they incorrectly believed that there was a cost blowout last year, when in reality EBITDA has improved significantly and it was even close to breaking even in the last half of FY23. On the bright side, the positive EBITDA they will likely announce this year will likely be a massive surprise for the market, and existing investors have a chance to accumulate before that happens and the price re-rates.

Likely to be the first MIGS company to reach profitability. That would definitely catch the attention of all the US and global fund managers invested in or watching SGHT and GKOS, in addition to the fundies here in Australia.