It is an excellent business for those on the internal payroll.
For the investor, it is now back to share price levels of 4 years ago and once again reconstructing the business via the endeavouring to shift from the small business clients to larger accounts.
Should have been the focus years back, however that was their plan and now they have the task of changing this model. Once again more time.
I am someone wary of growth in the Asian model as I think the revenue listed came with the business model. It would seem Spectrum was a very ordinary Netsuite agent considering the size of the market.
Whether JCurve can make any inroads remains to be seen. A tough call.
Probably have more success with Riyo, but when you look at the numbers - they are not of massive consequence in the total washup. Riyo may add $1m per year revenue in maybe 3 to 4 years.
It amuses me how they use percentages to crank up the story. Real numbers are more relevant.
It is an excellent business for those on the internal payroll....
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