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Ann: Business Update, page-11

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  1. 2,966 Posts.
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    ARR is an annualised run rate figure and is forward looking as of 31 Dec.

    It means that if nothing changes over the next 12 months, app revenue will be $2.3m.

    Not sure exactly how they have calculated but it may be App revenue for the month of Dec 2020 x 12.

    It is pretty lacklustre group revenue growth compared to previous periods IMO.

    Like always with this company, the devil will be in the detail- wouldn't surprise me if they have booked a larger loss than the PCP.
    Last edited by jlo2012: 08/01/21
 
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