Good points by @Scott already, thanks for sharing mate. I'm sharing my quick thoughts.

Overall, the results are positive, although it would have been ideal to achieve profitability. The company's EBITDA of $2.5M indicates a healthy future trajectory, especially considering that the cash position remained stable at $21M compared to the previous period. 

Furthermore, the fact that EBITDA is growing at a faster pace than revenue is a positive sign. Additionally, the pending recognition of the SA contract and a few others in AU, with the anticipation of a the potential very significant tender in Europe are expected to contribute to future growth. 

The upcoming release of the guardian product, along with secured contracts mentioned in the announcement, further supports the expectation of growth in the coming years. They offered revenue guidance of $50M, representing a 20% yearly growth rate. I think they may be playing a little conservative here.

The thesis is well on track.

The share price of this one has increased rather substantially with the broader small cap rally since I took my initial position in October last year, so not inclined to add just yet.