So that's a $6.1m 'woopsies, sorry', or approx. 26.7% overreport if I use revenue declared in '24 as $22.872m? Can anyone help with clarity on this for me - worst case I read this as a SP that could drop by 25%?
"Some discrepancies are as a result of customer contracts not being flagged as cancelled in oursystems at the time that the contract ended, some due to the contracts not attaining the initialcontracted values and continuing to be active customers but at a lower value, and some that havehad incorrect product codes that included one off fees being categorised as recurring and beingincluded incorrectly in the contracted ARR values"
One would have thought that a business of this nature would be all over their contract status?
So that's a $6.1m 'woopsies, sorry', or approx. 26.7% overreport...
Add to My Watchlist
What is My Watchlist?
