Firstwave Cloud Technology Limited (FCT) 2023年年度报告「ASX」.pdf

1、Firstwave Cloud Technology LimitedABN 35 144 733 595Annual ReportFor the Year Ended 30 June 20232023 ANNUAL REPORT2FIR ST WAV E C LOU D T EC HN OLO G Y 2023 ANNUAL REPOR TContentsChairs Letter 3CEOs Letter 5Directors report and remuneration report 7Auditors independence declaration 24Financial repor

2、t 25Directors declaration 67Independent auditors report 68Shareholder information 73Corporate directory 763FIR ST WAV E C LOU D T EC HN OLO G Y 2023 ANNUAL REPOR TC HA IR S L E T T E R C E OS L E T T E R DIRECTORS REPOR T FINANCIAL REPOR T SH AR E HO LDE R I NFO R M ATI ON C OR PO RAT E D IR EC T OR

3、YFIR ST WAV E C LOU D T EC HN OLO G Y 2023 ANNUAL REPOR TChairs Letter2023 was a year in which your Company changed considerably following the acquisition of Opmantek Ltd in January 2022.Under a refreshed strategy articulated by our CEO,Danny Maher,the Companys efforts were focused on the key geogra

4、phic markets of Australia,the US and LATAM,its most profjtable products in network management(NMIS),cybersecurity(CyberCision)email,and reaching our interim goal of reducing cash usage to under$500,000 per month coming into the FY24 year.Over the course of the year,we considerably strengthened the c

5、apacity and capability of the sales and marketing team,redirected development resources to our network management platform(as it became clear the sales pipeline was increasingly network management focused in North and Latin America),and reduced cost and increased effjciency where we could in other p

6、arts of the business.By year end,we achieved our internal revenue,gross margin,expense and cash usage targets.However,with our revenue underpinned by a range of one-off sales we missed our internal annualised recurring revenue(ARR)target,which is critical to our goal to be cash fmow positive in FY25