Strong Revenue Growth
Ongoing operations increased by 40% year-on-year, outperforming the market growth of 20%. The first half of the year showed a 66% growth compared to the previous year.
Improved Gross Margins
Gross margin for the quarter was 48.1%, with an average of 53% for the first half, showing an improvement from previous years.
Successful Asset Monetization
Monetizing PC assets post-Q2, bringing significant cash onto the balance sheet, providing capital flexibility for future investments.
New Board Members
Introduction of John Lord and Carl Johan to the board, bringing significant experience in identity, biometrics, and scaling tech ventures.
New Revenue Streams
Launched initial Identity Cloud product in partnership with Anonybit, setting the stage for future revenue growth.