DUG Technology Ltd (DUG) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

who will take us through the presentation, which was lodged with ASX earlier this morning. We expect this to run for about 30 minutes, after which we'll have Q&A. If you would like to ask questions, research analysts, please raise your hand in raise your hand in Zoom and we will then give you speaking rights and you can ask your question. Handing over to you, Matt, to take us through the presentation. Thanks, Steve. It's great to be with everybody again at the end of another financial year. I suspect everybody's getting used to who we are. So we're the data people, we're the numerical analysts, we do big algorithms and we have big high performance computers. We're about 21 years old now and our offices are in Perth, London, Houston, KL and Abu Dhabi. We are growing employees, but slowly as we're doing it very carefully and looking at what's going on. We have more than 45 petal flops of compute and you'll see in my note, I talked about we've quadrupled our compute and we've done that via adding new compute that everyone's aware of, but we've also taken the RAM in over 9,000 machines we have from 128 gig of RAM to 384, and that's given them a lot greater throughput. When you're comparing us with our competitors, you'll see our competitors often quote single precision petaflops, so you can double our number to compare with their number. Thanks, Steve. So this is our journey and everyone's probably seen it before. The nice bit is on the end there where we now have an Abu Dhabi office, which is where the fit out is about to kick off. And I think we've got 16 employees over there now who are about to get training and learn our best practice and so forth. Thanks, Steve. So services is where we make most of our money. That is, services are in oil and gas, they're in offshore...