Retention improved but cash receipts only grew marginally on a CCB. Costs improved and their new R&D hubs in Portugal and phillipines should save a few millions a year.
Overall a positive 4C and LVT is on the right track but still needs work to improve retention , gaining clients and improving costs further.
Is this qtr usually their worst or best?
Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C, page-4
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