FORGENT PLC (FORG) — Interim Results for the six months ending 30 June 2022

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the EQTeq PLC interim results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted anytime via the Q and A tab situated in the right hand corner of your screen. Just click Q and A, scroll to the bottom, type your question and press send. Company may not be in a position to answer every question received during the meeting itself. Have the company review all questions submitted today and with published responses where appropriate to do so. Before we begin, we'd like to submit the following part. I'd now like to hand you over to Jeffrey Vander Linden, COO, Norman Baber, CFO David Plumbow, CEO and will shortly be joined by doctor Yale Hellman. Good morning. Good morning. Thank you, Paul. Welcome, everyone, to the half year twenty twenty two results update investor with company presentation. And we thank you for joining today, and we're gonna go through the financial information of the half year results. And then we're also gonna give you some of the, you know, rehash on the strategy of the company and give you the outlook that we see going forward in the market. From a revenue perspective, we recognize around 2,980,000 worth of revenue. This is six times what we have recorded in the first half of twenty twenty one, and it shows the maturing business rhythm whereby we are pulling more and more revenue towards the first half of the year and trying to reduce, you know, the lumpy nature of the revenue in the second half of the year. The gross profits was up 240,000 versus 0.07 of first half of last year. In an in an absolute term, that's that's a higher number as compared to the first half of last year. However, from a gross margin perspective, obviousl...