Overall, seems like the supply chain issues are easing but still causing problems for Audinate's customers. Growth is continuing. Lower margins are something to watch: management claims this will improve. Still plenty of cash - more acquisitions in future?

Quoting the release:

Key 1H23 financial highlights:

• Revenue increased 39.3% on 1H22 to US$20.6 million (A$30.8 million)
• Gross profit (GP) of US$14.5 million, up 30.0% – gross margin of 71.2%
• EBITDA of A$4.3 million, up 109% on 1H22
• Net loss after tax of A$0.4 million, improved from A$2.1 million loss in 1H22
• Operating cashflow improved 231% on 1H22 to A$1.8 million
• Strong cash and term deposits balance of A$37.9 million at 31 December 2022
• Sales backlog remains at record levels