predicting 2025 run to free cash flow and dividend payment, bring it on
self-funded with cash reserve until 2025 for all their initiates
so far, they have not failed in their strategy and execution
I will keep a tab on the cloud transition number, expect a short term hit between 2023-2024 as they start large migration across
once onboard 2025 onward is when the revenue will stick and re-occurring and all the R&D and Capex with the cloud transition will be largely over
Ann: 2022 Investor Day Presentation, page-2
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