Don't worry Stephen, I am like you. I keep learning about these things and happy to be corrected if I missed something. I just pay a lot of attention to the calculation of the free cash flow, as it is probably the key metrics for a lot of companies. Given the recent changes in accounting standards, I also try to correct also from lease payment (so using the "old cash flow from operation"), but I don't think it has a major impact in the case of Readytech. Thanks for what you mentioned on R&D. I missed this part. I really thought they capitalised all their development costs. Obviously, it was more complicated than that.
RDY Price at posting:
$2.10 Sentiment: Buy Disclosure: Held
