Ann: March 2022 Quarterly Report and Appendix 4C, page-7

  1. 181 Posts.
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    By end of Jan, the business would have known what the 2022 school year looked like. The lack of comment was enough for me.

    Unfortunately the exponential growth rates post-IPO have subsided, despite two acquisitions and significant investment in sales. That, and also the major sub holder bailed in a fire sale last year without warning.

    Still following, but we have to be honest in this game. It looked like a rapidly growing business, but it is not. And every year RCL does not establish dominance is another year that competing products can fracture this small niche market.
 
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