5x existing SaaS is low balling it - 70%-80% of the other revenue is ARR just not called SaaS and they're working their way through the client list to convert more of it to SaaS. They're also sitting on a cash pile, are the must have in the space across ANZ and have a relevant tech kit for an international compliance needy client base.
Ann: Flash update - Profitable FY23, page-8
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