Just on that comment about international margins.
The Aus business is essentially much more mature and due to the business model - revenues are annuity like subscriptions, hence the good operating margins. The international businesses which are still young and expanding are earning a smaller portion of their revenues as the subscriptions and more as establishment and implementation revenue. Overtime if the business is successful they will increase their recurring revenue % for the international businesses.
Add to My Watchlist
What is My Watchlist?