Yes + anything tech related is being sold indiscriminately.
As Madamswear noted: software spend in the real estate agency industry has traditionally been relatively stable irrespective of market conditions. Albeit, growth may slow for a year or two.
Now valued at EV < 1.6x ARR - extremely low for a cashflow positive SaaS company with $14m net cash
PTG Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held