No surprises to the numbers announced this morning.
The main positives for me are:
increased transparency over the extent of organic growth (excluding Silverlink), Organic revenue growth of 22% in the face of economic headwinds and challenges in our biggest market is pretty impressive.
Continued strong growth in recurring revenue which has had a flow on positive impact on gross margin
Kudos to Alcidion to taking on board shareholders' feedback to increase information transparency and allowing us to better understand the underlying operational/financial performance.
ALC Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
