Ann: September 2021 Quarterly Activities Report and Appendix 4C, page-6

Achieving cashflow breakeven with organic growth exclusively to date.
They are targetting EBITDA breakeven within the next 2 months. The honesty of management is a big reason I invested heavily in this company as they do not sensationalise anything.

Dropsuite is looking very safe with their castle built on ARR with over 60% margins and walls that continue to grow at over 80% y on y of ARR. EBITDA/cashflow breakeven on ARR - what's not to love.

Been a great hold over the past 1.5 years and everything signals this trajectory will continue or increase over the next quarters. I personally have no reason to sell but might consider some profits at $1bn MC Mimecast here we come.

Surely we are getting close to entering an index, perhaps the tech one?