They're flying.
- Pace of TCV sales still accelerating ($2.2/month from June 30th - Nov 19th, $3.4/month from Nov 19th - Jan 22nd, $3.9 in the last month) to such an extent they appear to be on an annual TCV pace of $35m+ (i.e. at least $3m/month). From memory they averaged about $15m on-premise license sales p.a. prior to 2018.
- Average length of contract sold this year is 3.4 years ($21.5m TCV sold for $6.4m increase in ARR), gives good visibility on revenue.
Only thing left to see now is extent to which subscriptions are cannibalizing perpetual on-premise sales.
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Last
$2.96 |
Change
0.040(1.37%) |
Mkt cap ! $653.3M | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.01 | $2.93 | $703.6K | 237.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 870 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 1306 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| RUL (ASX) Chart |