Sections
| Title | Starting Page | Number of Pages |
|---|
| Business model | 1 | 1 |
| Guidance supports a step change in earnings over FY25 | 1 | 1 |
| Valuation of $0.78/share or $116m market cap | 1 | 1 |
| Table/Chart: Share Details | 1 | 1 |
| Graph: Share Performance (12 Months) $0.80 | 1 | 1 |
| September Quarter 2024 Update | 2 | 1 |
| Table/Chart: Exhibit 1: SMN quarterly cash flows (in A $000 unless otherwise stated) | 2 | 1 |
| Updated Management Guidance | 2 | 1 |
| Updated Management Guidance (CONT) | 3 | 1 |
| Graph: Exhibit 2: SMN EBITDA history – FY18-FY25f (A $m) | 3 | 1 |
| Graph: Exhibit 3: RaaS SMN earnings adjustments (in A $m unless otherwise stated) | 3 | 1 |
| Capital Raising | 3 | 1 |
| Listed Peer Update | 4 | 1 |
| Table/Chart: Exhibit 3: SMN peer group FY25f financial comparison (in A $m unless otherwise stated) | 4 | 1 |
| Valuation | 4 | 1 |
| Table/Chart: Exhibit 4: SMN base-case DCF valuation (in A $m unless otherwise stated) | 5 | 1 |
| Investment Case Revisited | 5 | 1 |
| Table/Chart: Exhibit 5: SMN Financial Summary | 6 | 1 |
| FINANCIAL SERVICES GUIDE RaaS Research Group Pty Ltd | 7 | 1 |
| Disclosure | 8 | 1 |
