Ann: Preliminary Final Report, page-6

There is no way this is a rubbish report. XTE almost doubled revenues and doubled cash in the bank and profit even if still small. Expecting much more profit this early is unrealistic. Significantly this is the second year in which they traded profitably. Also significant is the results were within market guidance which I think is reassuring for the future.

Likewise the suggestion they did not make a bigger profit on the SUAS deal is wrong on the timing - this deal was signed last FY but deliveries and so revenues start this FY.