Doesn’t changing the FX peg entirely defeat the purpose of reporting in constant currency?
I haven’t done enough analysis to check that’s the case, but at face value:
Q3 2021 C-ccy ARR $66.7m
Q4 2021 C-ccy ARR $64.7m
At best, it’s incredibly sloppy reporting changes without proper disclosure.
At worst, company is going backwards with negative growth.
Ann: FY21 Q4 Results Investor Presentation, page-6
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