KOOTH PLC (KOO) — Investor Update

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the KOOTH PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time by the Q and A tab situated in the right hand corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question it receives in the meeting itself. However, the company will review your questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And I'd now like to hand you over to Tim Barker, CEO. Good morning to you, sir. Good morning. Hello, everyone. Thanks for joining on today's, IMC. We're gonna use today's session to give you an update on KOOTH and the recent, contract win, in California. We'll also give you an update of where we're going and where we're heading in helping tackle what is one of the world's largest challenges. Poor mental health is really a public health challenge of our times, and we'll talk more about what we're doing to help tackle that. On today's call, myself and and Sanjay Jara, our CFO. So let's start by just looking at the problem. Mental health is a defining public health crisis of our time. One in five of us every year will have a diagnosable need for support. And over generations, seventy five percent of lifelong mental health issues are established by age 24. Demand continues to outstrip supply. In The UK alone, budgets for mental health have gone up 7% a year. Referrals have gone up 15%. The trajectory is the global cost of poor mental health will cost the economy $6,000,000,000,000 by the end of the decade. And in The UK, that's a $118,000,000,000 cost today. It's around four and a half ...