ah sorry thought you were talking about Sep22 quarter.
The June22 quarter (and 2H22) was not really that poor given revenues were still okay (~26m for the half) and cash receipts on a 12 mth trailing basis was in fact above revenues (either 2H22 or FY22).
Anyway, irrespective of all the speculation, the only thing that matters is what is happening with the business currently (clients, revenues, churn, cashflow) and none of this information has been made available.....that would have been handy when asking to retain the current board.
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Ann: Chairman's Letter to Shareholders, page-21
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