 Thanks Professor Lowe for that and I'm just clicking the first one. So I'm going to talk about farm business management in the AgTech space and Please save your questions asked later and we'll get into it now. Oops the wrong way. Our vision statement is to Take the financial stress out of farming so farmers can get on and feed the world It can be stressful So some of the challenges that we face in helping farmers in this space and also that farmers face themselves I'm just going to cover briefly First of all, it's the accounting challenge The ATO has given us all businesses have to submit tax returns annually and They gave us a blessing. You probably don't know that back when GST was given to us in the year 2000 a lot of farmers accounting systems moved from their shoebox into Software programs because we needed to do our best monthly or quarterly. We needed to do our tax returns so things like mild were born things like Phoenix, which is a farm-based accounting package out of Tumba and Also AgriMaster out of Perth were born. They were born and on your laptops Basically sat on your hard drive, but in all more recent times. We've seen the rise of zero and So those other platforms are now rewriting to the cloud A lot of farmers depend on these for their tax returns and bass and also for their financial Understanding of how their businesses go, but they don't answer the vital questions of is my business viable What how efficient is it? What gross margins am I getting or how whereas my relative profitability between cropping and livestock or horticulture or viticulture? A lot of the management issues they don't collect So hence Planner Profit Agri was born to grab a lot of that data out of there and to move it on to more of a management platform Where we can understand gross margins. We can understand monthly cash flow a lot easily lot lot more easily We can do projected profit and losses and balance sheets and understand where the wealth generation is of the business So the challenge we have is actually moving farmers from their Expected and legal obligations to do their tax to grab that data and really use it for better management and decision-making risk management Is also while we're here We're seeing our farmers having to face climate variability and the term climate change has now become more commonly used by farmers commodity price volatility and that has been going up and down far greater in the last five years than we've experienced in the previous 20 and Now we have the Royal Banking Commission telling banks that we need to do more diligent do diligence So a lot more information need to be collected All this has to be managed We help them do that Managing stress now you guys would have seen a lot of drought stories coming out of New South Wales and Queensland parts of Victoria and upper South Australia Financial stress. I've been told is actually worse on the body than physical stress and Effectively with farmers are not managing or measuring their financial capability. They worry the worst and we're helping We're here to help them measure that better Business benchmarking is quite common in an agriculture. I guess it's common in a lot of industries like Taking heart rate monitors when you're bike riding and things like that But they only go so far. We need to help farmers move on that We sit back and see what's really affecting our profit and loss and project that forward See what's really happening to our cash flows and monitor those and more importantly. What's happening to our balance sheet? Farmers have benefited a lot from land values increases recently But they tend to not know how that's affecting their balance sheet and how that can improve their management I just want to share with you a video that shows our solution to these issues PDP Agri is an online farm business analysis and decision-making tool to help you improve your business control and direction Enhance your farm success and profitability and improve your farm business long-term sustainability At the core of this platform is the philosophy if you cannot measure where your farm business has been and where it is now How will you manage where it is going in the future? The three subscription levels address all stages of your business Essentials which shows where your business has been in the past Season which helps plan for your business right now and future which helps plan your business for the future All three products help you manage the three key measures of a farm business Firstly liquidity. Do I have enough cash to meet my commitments over the season? Secondly efficiency are the resources I've invested in my business particularly land money and my time and effort giving me the best possible return on my investment and Thirdly wealth. Am I building net worth in my business over time? We use plan to profit just recently in analysing a potential expansion when some land nearing us came on the market and it was very helpful in putting down a four-year projection of what we expect to make and Showing that to our bank manager. So we had some real data and To satisfy it both him and myself that it was the right thing to do for the business You can put the scenarios in as just a dream perhaps and then you realize no that is a Reality so you should be doing it. I wouldn't have Dead thought to go for two or three blocks of land. We went for two and got to so this business was in a strong position and It was ideal time for it to grow. I Definitely would recommend plan to profit agree to other farmers it helps you analyze your business both for today and Make sure that the direction you're taking your business is a profitable and sustainable one for the future Good farm business management is not an accident and it is not necessarily easy, but it is worth doing Putting time into your business management can help you manage the risks and Challenges that have always been and continue to be a part of farming business Peter P Agri's mission is to empower farmers and their advisors with improved business decision-making To help build more profitable and sustainable businesses into the future So we're fully committed to helping you be successful in using Peter P Agri The strength of our platform is the support we give to our users In each section of the software you can access support material via the begin and help icons on the help bar This material includes videos and screen captures that show how to use the platform The essential farm business management thinking that underpins the calculations and the reports in the program Explanations of terms and how to read the results and Links to other farm business resources if you wish to extend your learning in this area of your business If you think this powerful information is worth developing for your business But do not have the time or would prefer an advisor to provide that support You can easily give access to advisors through your settings So you can subscribe directly to Peter P Agri yourself or contact one of your business advisors for their support Alternatively, you can look for a Peter P Agri accredited advisor on our website Take up the challenge and subscribe to this revolutionary set of farm management tools today Give us a call to discuss this opportunity further. Great. I've been actually asked to look at some Farmers take up from adoption and what's preventing them doing it? I guess I've worked with farmers long enough now know that emotional Decision-making is really important to them. So they need to feel more confident about their business and using this technology And we don't we shouldn't ignore that the second one to me is on background as an economist The benefits need to be demonstrated quite clearly to them There's actually greater than the cost of adopting this technology and sometimes the risk and the cost isn't just the physical The monetary cost it also might be the time taking to learn it and to drive it So we need to demonstrate benefits from there and finally, I think to really help adoption is we need to support Farmers and advisors in taking this technology up. I've started to use zoom Which is a highly effective communication tool from computer to computer Really effectively both in training farmers and advisors and using our platform Let's want to talk about other app providers and because we're in the cloud technically we can exchange information With them it all just takes time and resources and long as we've got good software architecture But again, we need to demonstrate to users that the benefits are greater than the cost This is a picture of our platform where you can actually draw paddocks and and Farms and I just wanted to talk about dekat, which is another cloud-based application that's takes data from satellite imagery and drones and We the idea is that I think in the future We can pull data out of dekat and it could be this is an example where this wheat paddock might be projected to give us $546 a hectare but suddenly in August we've got a frost activity happening and Dekat satellites have gone over they've told us that there's 62% of area and been a frosted their growth Understanding from this other algorithms have told us what the grain production is now dropped to and potentially what the hay production is It's come into our platform. We know the expenses We know the costs and it's generated the gross margin and then the new gross margin of this paddock grain falling to 235 bucks Hey 615 so it's not hard then for the farmer to be driven financially to make a decision of which way they go Likewise with Agwell Agwell does a lot of crop planning and record planning They could pull data into our Platform and we could give a feedback as to what return on assets the farmers are projected to have that year And we say well one percent isn't good enough. Let's readjust this Rotation and let's see how we can affect and be driven more by a return on assets managed So is this example jumping up to 9% or AgriWeb is another exhibit here they do a lot of Recording of livestock movements we can pull data out of them and then answer questions that the farmer might have is to say Okay, what happens if I've decided to take less sheep and put on more capper more cattle into the system What's the feeding that's required? What's the demand required? Feeds into us and we can look at the projected change in profitability or equity and those sort of things. That's the future Lessons for other commodity groups Essentially Peter P. Agri does every agricultural pursuit enterprise except dairy at the moment And I know when I approached the dairy industry, they were less than helpful to perhaps help me come in there So as startups, it's hard to actually present yourself to industry and and provide them Information as to where their growers or their farmers are using it and they're sometimes reluctant to join us Interesting experience. I've had to is if I get asked as a guest speaker to come and talk about recovering from finance and a drought or I'm talking about fam six farming succession planning and if it's a government agency or pseudo government agency I'm told I can't talk about my software and I'm saying oh, why not? Because there could be other people out there. We don't want to back you as a horse to do it And I thought well, how is it? How do we actually get that good information out to farmers? We should be more of a collaborative industry rather than one that closes down Our challenges, I guess our challenge is that every farmers got to do a tax return So the accountant's incomes assured But it's not compulsory to be good managers And I think we should be continually to tell the benefits of how good managers use technology How they've adjusted their farming systems improve their financial performances Our challenge in the industry is to continue show benefits of what these good managers are generating That's our website. And if you want to check us out There is a number of videos and information on here, but that little green button gives you a free demo So if you want to look at a mixed farm at the moment and the sort of numbers and reports that you can get out You can create yourself a free login to do that But also there's other if you're looking for advisors to help you and other people there's context to do that So plain-to-profit Agri. We're here to help farmers. That's our website five years ago GRDC asked me to write a manual on farm business management. So it's a copy of it there It's been quite popular. It's actually gone to its third print now And it's found in about three universities undergraduate programs Even though it was written for farmers Just as a special offering to the group if the first ten farmers want to catch me and talk about our Platform after I'll give away give you a copy of that book. It passes the weight test to by the way okay Okay, I hope I've gone some way to show you the I guess the the big vision that we have to take financial stress out of farming So the farms can get on to feed the world Which we know is a big challenge for us going out and I'm hope I've gone some way to Demonstrate that to you. So thanks Andy. I'll open it up for questions