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Operational Highlights:

Orcoda ESG baseline report completed
Resource Logistics division has had strong growth and implemented various initiatives during 1H FY2023 and is in a solid position to win further large projects, like the $4.1 million Yurika project announced which is being delivered during 2H FY2023
The Resource Logistics Division subsidiary Betta Group renewed their ISO accreditations after completion of a successful ISO audit.
The Healthcare and Transport Logistics Division profitably delivered on the Mt Buller contract with more than c.430k passenger movements during the 2022 ski season.
Two SaaS transport logistics contracts verbally awarded (subject to contract signing) through the Teletrac Navman teaming agreement.

Financial Highlights

ORCODA’s 1H FY2023 total income was $9.1m, an increase of 19% from the previous corresponding half-year period (1H FY2022)
The Healthcare and Transport Logistics Division achieved a substantial increase (110%) in total income (in recurring SaaS revenue) in 1H FY2023
Robust balance sheet with available working capital ~$4m as of 27th February 2023.

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