last year they made circa $3.7m in sales. year to date is $3.1m bringing in circa $750K per quarter. So they're on track to hit around $3.85m
so growth of circa $150k this year.......personally i'd call that flat. IMO all the GOOD aussie tech stocks that have IPO'd in the last 24 months have had annual revenue growth rates north of 20%.
**Note They talk a lot about "contracted ARR", but these values don't necessarily hit the P&L this year. They also talk a lot about growth metrics that are not revenue. In the past i've found that tech companies who talk a lot about non revenue related growth metrics are often trying to divert attention away from revenue metrics that are not growing.
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last year they made circa $3.7m in sales. year to date is $3.1m...
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