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1HFY21 Financial Highlights

● The Company’s revenue for the half-year period ended 31 December 2020 was $36.0M, an increase of $10.1M or 39% from the same period ended 31 December 2019.

● Monthly Recurring Revenue (MRR) for the month of December 2020 was $6.3M, an increase of $1.7M or 37% from December 2019.

● The business generated a profit after direct network costs of $18.2M for the half-year period ended 31 December 2020, an increase of $5.1M or 38% from the same period ended 31 December 2019 ($13.2M).

● Net loss for the half-year period ended 31 December 2020 was $38.4M.

● At 31 December 2020, the Company’s cash position was $144.2M


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