ALC 10.6% 5.2¢ alcidion group limited

No surprises to the numbers announced this morning.The main...

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    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.
 
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