One of the key element is probably to understand what's happening with Collaborate.
We know that they were able to gain new business for Collaborate during H2 24, but we do not have clear indications regarding existing business.
Is it still struggling to keep its customers and stabilise prices ?
Looking at the increase of total revenue retention, my guess is that they may also have improved the level of retention for Collaborate.
But it needs to be confirmed by the company.
One of the key element is probably to understand what's...
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