NXL have a great product already generating impressive returns.
Shorters and downrampers can focus on court cases and AFR reviews all they want.
Fact is around 4% of SaaS companies hit 1 million revenue and just 0.04% hit 10 million in revenue (US market).
NXL hit $176 million in statutory revenue last year. This year that's tracking up 10%.
Operates in 79 countries, over a 1000 customers, 480 staff and still gross profit of 89% with 3% churn.
Not many understand how hard this is to create.
Above is not financial advice and my opinion only.
Nuix - Future outlook. Where to from here?, page-9
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| Open | High | Low | Value | Volume |
| $3.50 | $3.55 | $3.46 | $2.231M | 636.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6123 | $3.47 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 4998 | 1 |
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