Quote: "I think there are a number of valid points, but the brokers in their commentary are questioning where the growth will come from."
Are you reading the same TBE results? TNE has a NRR (Net Retention of Revenue) of 119% TNE is a software and SAAS company, Existing customers continue to pay for using the software plus pay for more enhancement modules which the 119% NRR shows. In very simple language TNE existing customers increased their spending by 19%. This is in addition to new customers coming on board. Another very impressive figure is the ARR target of $500m (Annual Recurring Revenue) which TNE brought forward by a full year.
And you have doubts where the growth will come from??
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- Ann: TNE FY23 Results Presentation
Ann: TNE FY23 Results Presentation, page-22
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Last
$24.55 |
Change
0.410(1.70%) |
Mkt cap ! $8.005B |
Open | High | Low | Value | Volume |
$24.33 | $24.55 | $24.22 | $8.018M | 327.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1001 | $24.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$24.55 | 1384 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1001 | 24.450 |
2 | 928 | 24.420 |
1 | 1545 | 24.400 |
1 | 3435 | 24.390 |
1 | 1545 | 24.380 |
Price($) | Vol. | No. |
---|---|---|
24.550 | 1384 | 1 |
24.590 | 3622 | 1 |
24.600 | 203 | 1 |
24.620 | 1555 | 2 |
24.640 | 1165 | 1 |
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