Meh it's trading as expected.
So many penny flippers freaking out over the headline print - as warned numerous occassions.
Gen AI revenue Up 15% of total revenue and growing
Underlying business + 28% no signs of slowing down
Business deconcentrated and revenue has diversified.
No more language like revenue diversification not enough to offset Ad Spend and tech spend dependencies.
Ryan stated tech Spend normalising and nothing like the 2023 Tech Spend slow down.
Now its a case of capturing revenue as industry accelerates in the coming quarters.
Government and Enterprise are key markets that are untapped and Ryan needs to get a wiggle on. But completely nailed the Model Builder and China markets...
My confidence factor is >80% that 1H25 will blow 1H24 out of the water on PCP.
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Meh it's trading as expected. So many penny flippers freaking...
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