Milestone Year
Delivered maiden net profit
- NPAT: FY14 $7.1m1, FY13 -$1.0m, $8.1m increase
Strong balance sheet
- Net cash: FY14 $23.3m, FY13 $13.4m, 74% increase
Strong subscriber growth and negligible churn
Scalable business model
- Capital light and cash generating
New capture program implemented in Australia
- Increased population coverage from 75% to 85%
HyperCamera launched and FAA approved
- Accelerated entry into US market
Growth target remains on track
- $30-$50m revenue run-rate by December 2015
To view Presentation please download PDF attached:
