JXT is a pretty poor company - placed into administration in December.
Take a look at the financial summary provided. Despite JXT running a mature subscription business for 13+ years, their losses are growing larger each year, and revenue nowhere close to keeping up. Recruitment sector in for some very uncertain times ahead too - so sales very likely to be deflated at least for remainder of calendar year. This acquisition, despite the paltry price, is a lemon.
Ann: Acquisition of Global HR Tech Business and Capital Raising, page-3
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