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Investor Presentaiton

Finance Overview 1,400 Strong revenue growth since initial ASX listing in January 2022. 1,200 Quarterly revenue and cash receipts • H1FY23 revenue growth of 52% compared with H2FY22. 1,000 • H1FY23 revenue 23% higher than full year FY22. 800 Resultant increase in cash receipts. (QIFY23 receipts include ~$327k of receipts in advance.) Revenue increases driven by new contracts wins - both on-site operations and solution delivery and larger lab-based commercial projects. Future revenue growth to be driven by recently announced new contract wins and strong sales pipeline across operating regions. Increased business capability introduced across geology, sales, data-science and operations - supports solution development and customer delivery. Improving operating margins expected on new projects. Capex directed at GX10 machine manufacture and operational infrastructure. Cash at 30 June 23 of $3,056,000. No debt in capital structure. 23 $'000 600 400 200 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Revenue Cash receipts from customers • Revenue growth trend $'000: Revenue HIFY22 237 H2FY22 H1FY23 975 1486 Net operating cash outflows Capital expenditure (3,160) (2,818) (3,100) (707) (440) (625) $'000: Cash Debt 31 Dec 22 7,039 NIL 30 Jun 23 3,056 NIL
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