im all for investing into products that will add vlue in the long run but what i dont understand is why no announcement on such a large investment. Hide and seek seems like a great strategic investment that could get them very large government contracts but a zero carbon investment has me puzzled. Is there such a demand from companies to achieve what net zero seeks out to acheieve
Overall i think the 4C is really positive but their lack of growth in ARR is my only worry. its obvious what they are getting per license has dropped so my next question to them is what is their average they are getting on per license and not per client. They did announce with their new strategy that they would be dropping prices to match market prices and obviously their reach product is a lot cheaper than intranet so that will be a big reason in drop..
Personally i believe company is on the right track and showing very positive signs. In my opinion it is still very undervalued.