Firstwave Cloud Technology : Annual General Meeting Presentation
December 08, 2021 at 11:12 pm
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Annual General Meeting
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Company Representatives
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John Grant
Non-Executive Chairman
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Paul MacRae
Non-Executive Director
Iain Bartram
Chief Financial Officer and Company Secretary
David Hwang
Non-Executive Director
Chairman's Comments
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FY21 Reflection - advancing
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International Annualised Recurring Revenue (IARR) up 440% to $3,008K from $448K
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Domestic revenues through Telstra continuing their slow decline over the year under the
pressure of continuing churn
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Level 1 Partners up from 5 to 9 and Billing Partners up from 28 to 52
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'Democratising cybersecurity-as-a-service' for the world's SMBs
• Additions to the product portfolio
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Transitioning of the Company's OEM reseller arrangements with Cisco Systems
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• Product Roadmap to Investors and Partners
• Placement in April of $6m and June 30 cash balance of $9.96 million
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Reduction in operating expense of circa $2 million
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Appointment of Kevin Bloch as Advisor on Technology and Markets
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Events subsequent to EOFY
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Q1 Update
• Changes to leadership of the Company
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Pause billing for Telum and CSquared in Africa under contracts to resell WebProtectDNS
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Contracts remain on foot and outlook is positive
usePlatform enhancement
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Significant enhancement of CCSP to remove the 'friction' for Service Providers and End
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Users
• CyberCision launched in November
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First phase for Service Providers
• Second phase for end users at end of Q3
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Firstwave Cloud Technology Ltd. published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 23:11:07 UTC.
Firstwave Cloud Technology Limited is an Australia-based technology company. The Company is engaged in the development and sale of network monitoring and Internet security software. The Company is engaged in offering a comprehensive end-to-end solution for network discovery, management and cybersecurity. The Open-AudIT scans an organizationâs network and stores the configurations of the discovered devices. Its networking management and monitoring software includes Network Management Information System (NMIS), opEvents, opReports, opHA, opCharts, opConfig, and opAddress. The Companyâs cybersecurity solutions include CyberCision Platform, Email Security, Web Security, and Firewall Security. CyberCision is a cybersecurity-as-a-service platform that enables service providers to sell, provision, and deliver security services to their customers. The Company offers solutions to the industries, such as Telco and Internet service providers, large enterprises, among others.
FIRSTWAVE CLOUD TECHNOLOGY LIMITED 
