VivoPower International PLC (VVPR) Q4 2021 Earnings Call

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WEBVTT 00:00:00.089 -- 00:00:05.292 Ladies and gentlemen, thank you for standing by, and welcome to the VivoPower International 00:00:05.292 -- 00:00:09.574 PLC Fiscal 2021 Four-Year Earnings Conference Call. 00:00:09.574 -- 00:00:13.055 At this time, all participant lines are in a listen-only mode. 00:00:13.055 -- 00:00:16.457 After the speaker's presentation, there will be a question-and-answer session. 00:00:16.457 -- 00:00:21.860 To ask a question during the session, you will need to press star then 1 on your telephone. 00:00:21.860 -- 00:00:25.001 Please be advised that today's conference is being recorded. 00:00:25.001 -- 00:00:29.389 If you require any further assistance, please press star then 0. 00:00:29.389 -- 00:00:33.550 I would now like to hand the conference over to your speaker today, Kevin Chin, Chairman 00:00:33.550 -- 00:00:35.431 and CEO. Please go ahead. 00:00:35.431 -- 00:00:37.431 Thank 00:00:37.972 -- 00:00:41.513 you and welcome everybody to earnings result call. 00:00:41.513 -- 00:00:45.455 I'm going to start on page two of the presentation. 00:00:45.455 -- 00:00:47.035 So 00:00:47.035 -- 00:00:52.437 in a nutshell, it's been an unusual year. We've had results impacted 00:00:52.437 -- 00:00:54.478 by COVID lockdowns, 00:00:54.478 -- 00:01:00.426 but we've also delivered some transformational milestones which have really transformed 00:01:00.426 -- 00:01:03.546 the growth trajectory of the company. 00:01:03.707 -- 00:01:06.929 Group revenues were down 16%. That 00:01:06.929 -- 00:01:11.051 compares to $48 million for the previous year. 00:01:11.051 -- 00:01:15.493 And as I mentioned, that's driven by COVID-19-related lockdowns, 00:01:15.493 -- 00:01:21.075 which caused operational disruption and project delays in our Australian business. 00:01...