I think too much importance is being put on one quarter. Overall the second half has had significant growth. Paying premium candidates increased by over 30% to 6200. Recurring revenue increased to $4.6m up 18% on this time last year, which is key for this type of business. Captal H were only expecting them to reach that level of recurring revenue by June 2020 so they have already passed that target.
Verify which I believe has the ability to massively boost revenue had only just been launched along with the group functionality. They only have to sign a dozen groups to boost recurring revenues by over 20%.
Ann: Appendix 4C - quarterly, page-36
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