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ASX ANNOUNCEMENT Family Zone Cyber Safety Limited ASX : FZO ( " Family Zone " or the " Company " ) family zone Our mission is to protect & support every child's digital journey . PRIMED FOR OUR BIG TWO QUARTERS MAR QTR 2021 - APPENDIX 4C COMMENTARY & OPERATIONAL UPDATE Family Zone , supporting & protecting every child's digital journey , is pleased to provide its quarterly Appendix 4C cash flow report and commentary for the March quarter 2021 . Measure RECURRING Revenue¹ KEY METRICS YOY Comparative ARR ( 1 ) $ 12,500,000 $ 11.7 m 92 % $ 10,000,000 STUDENTS $ 7,500,000 Contracted 1.64 m 137 % Licenses SCHOOLS 3,135 $ 5,000,000 135 % Contracted $ 2,500,000 “ The_massive US education market is enjoying unprecedented increases in funding . We're entering the key US sales period , well organised having invested in growing our team to be ready to handle a record sales pipeline . " Tim Levy , Managing Director $ 0 Q2 FY2020 Q3 FY2020 Q4 FY2020 Q1 FY2021 Q2 FY2021 Q3 FY2021 1 For the purpose of periodic comparison ARR is calculated at the Company's budgeted exchange rate for FY 2020/2021 of USD : 60c ; NZD : $ 1.10 . At current rates of USD : 75c , NZD : $ 1.05 estimated ARR is circa $ 10.5 million . 1