If they have 95% repeating revenue, why did the revenue fall by 23% yoy?
I looked at STG a couple of years ago & there was zero mention of AI in their presentations, now AI is all the rage there is.
I would have thought AI would be the death nail in a company like STG not a tailwind.
I gave STG a miss because I didn't think they could ever get a decent scale to their business, since then it's gone backwards.
Better opportunities elsewhere IMO.
Good luck holders, hope it turns around.
Ann: Half Yearly Report and Accounts, page-4
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