Ann: FY23 Results Investor Presentation, page-2

  1. 389 Posts.
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    Not the sexy end of tech stocks. But I'm happy with the results, and adding to holdings.

    Development costs flat while revenue still growing = operating leverage
    Legal growing nicely (+12% subscription), and starting to contribute meaningfully to EBITDA. Likely to deliver >$1.5M EBITDA in 2024.
    Primary Shareholders - Microequities, Spheria, (rate both highly).... plus Directors-Founders all own a large chunk.
    Only $2.8M debt, so acquisitions or increased dividend options for 2024.

    Recent share sales by insiders has seen SP retreat, but I think this is only a knee-jerk reaction.
 
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51.5¢
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Price($) Vol. No.
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