I agree those are both positive, and overall my take was that it was a modestly positive update.
However, I think that if there had been any significant Q on Q revenue growth they would have called it out. Given that they didn't, I'd be inclined to assume that the 24% increase in cash receipts is due to the move towards a subscription model (billed annually) rather than any underlying revenue growth.
Ann: Nitro Q3 2021 Quarterly Activities Report and Appendix 4C, page-4
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