Margins bounced back to 66%,
Cash receipts grown faster than ARR did in AUD,
Cash flow trending up significantly up 50% on prior quarter,
Just executing consistently and delivering exactly what they have stated they will deliver, as usual, boring business ticking along into exponentially growing profitability
Exchange rate for the quarter stated as 0.67 suggests there is a lot of upside Vs the current exchange rate - more like 0.63 and likely headed further in that direction
No more money spent on due diligence, happy to trust his patience and no issue here with maintaining good net cash position
Interesting note right near the end - "On track to introduce new data protection product in Beta by October 2022" could provide upside to ARPU and revenue
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- Ann: September 2022 Quarterly Activities Report and Appendix 4C
Ann: September 2022 Quarterly Activities Report and Appendix 4C, page-2
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