It's been a really strong last few weeks for the IHR SP, and the buy versus sell side is looking really healthy.
Clearly it looks like IHR's ARR is accelerating with recent "larger client" wins in the US & UK
The last 5 x updates from the company have showed:
Period ending 30/9/19 $1.53m
Period ending 31/12/19 $1.56m ($30K ARR increase in 3 months)
Period ending 31/3/20 $1.74m ($180K ARR increase in 3 months)
Period ending 30/6/20 $1.96m ($220k ARR increase in 3 months)
Period ending 30/9/20 $2.34m ($380k ARR increase in 3 months)
Period ending 26/11/20 $2.81m ($470k ARR increase in less than 2 months)
If Rob / Bevan / IHR can keep cranking up the ARR's by say $500k + per quarter for the next few quarters, then todays price will start to look quite cheap.
Hopefully the business & SP momentum continues this week.
IHR Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
