Saturday Series

New Best Practice: Presenting FY Results

Two founder-led tech stocks took very different approaches to presenting FY results: Kogan's AI voice avatars and Xref's slide-by-slide founder videos. Both have their place, and one might be a new best practice.

Ben Williamson

28 August 2025 · 3 min read

What a busy week.

It isn't reporting season for everyone, but for many, the end of it brings a welcome reprieve. A sleep in until 7:30, and the relaxed feeling of not needing to worry about "who am I meeting with today?"

At least until Monday.

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Saturday Series

When there's no multiple, they're backing you

If you're high-growth, R&D-heavy or an explorer, there is no easy multiple for the market to anchor to. Investors are backing two things instead: a story they can understand, and a team they can see.

Ben Williamson · 9 July 2026

Saturday Series

Stop being such a Jorc!

Most of your investors are not professionals in your field, and if you only speak to the ones who already understand you, you're ignoring 99% of the public. The two answers to closing the gap between where you are and how you're priced: education and trust.

Ben Williamson · 2 July 2026

Saturday Series

Does your share price reflect reality?

Your work today won't turn into reported results for months, so the market often prices where you were, not where you are. A prompt to think about how big that gap is for your company, and how you communicate it.

Ben Williamson · 26 June 2026