Unknown Executive

Okay. Thanks, everybody, for joining us today. We've got Corrie Hassan, the current CEO of Spenda over today; and Karim Razak, the Executive Chairman, joining us to give us an update on the March or Q3 quarterly. I'm going to hand over to Corrie to take us through that quarterly via this presentation. We'll be doing some Q&A at the end of the presentation. We've had quite a few questions. So we'll be covering, as mentioned, the pre-submitted questions. But Corrie, over to you. Thanks.

Corrie Hassan
Interim CEO & COO

Thanks, Rich. Hi, everyone. So, thank you for joining today. Firstly, a huge apology for postponing yesterday. It's not something that we really wanted to do. But as you may have seen this morning, there has been a major transaction that's just been finalized, and it was really important for that announcement to go out so that we could talk to that today and sort of take you through what's happened there. I'll talk a little bit more about that during the presentation.

So, I'll just kick off by giving a brief update for the last quarter. I feel like we've reached a real inflection point now as a business. We're operating fundamentally at a higher speed. We're starting to transition more into a high-intensity sales and marketing execution model. And it's definitely a big jump, which is really good to see. That was the plan, and that's we're heading in the right direction. Cost savings have remained a firm focus. So, we finished the quarter at about $4.3 million per annum. Last quarter was $3.85 million. So, another jump in cost savings, which is great as at the end of March. Strategy remains consistent and clear. I