Welcome to the CAP-XX Investor Relations Centre. Here we aim to provide current and potential investors with access to historical and up-to-date information, including share price and trades, press releases, announcements and annual reports, along with other financial related materials and tools.

Our results for the year ended 30 June 2024 are as follows:

Key Highlights

• Total revenue of A$4.6m has increased by A$1.0m compared to FY23, representing an increase of 26.5%.
• The increase in revenue is made up of a A$1.3m increase in product sales offset by a A$0.3m decrease in licence revenue which reflects the shift in the Company’s business model to product sales.
• The increase in product sales of 39.7% compared to FY23 is supported by strong growth across the Asia Pacific and Europe regions.
• licence revenue is recorded in FY24 following the resolution of the legacy patent infringement commercial dispute (FY23: A$0.3m licence fee revenue).
• Gross margin of 30% is down from the last financial year mainly due to the increase in product sales which have a lower gross margin compared to licence fee revenue.
• Adjusted EBITDA loss* of A$1.6m, is lower than the previous year (A$1.7m).
• Loss after tax for the year of A$6.0m was significantly impacted by A$3.2m of non-recurring costs, being the legal and restructuring costs incurred during the financial year.

* Adjusted to exclude legal expenses for patent infringement, CEO transition expenditure, bad debt provision and the amortisation of share-based payment expenses.