Just listened to the callPositiveGuidance for 33% ARR growth in...

Just listened to the call

Positive
Guidance for 33% ARR growth in FY22 is all organic
They expect to continue to leverage S&M, R&D and G&A with meaningful EBITDA % improvement in FY23
Increased churn at Elmo was purely driven by Covid. Churn came down meaningfully in 2H21 vs 1H21 and they expect it to continue to decline in FY22
UK launch for Elmo mid-market this year
Breathe only 1.2 modules per new customers vs 3.3 for Elmo so good opportunity to up-sell

Somewhat negative
Margins won't meaningfully improve until FY23
Cash burn is expected to be $2m per month in Fy22. Not the end of the word given ELO has $82m cash on hand