Ann: FY23 Results Investor Presentation, page-2

  1. 389 Posts.
    lightbulb Created with Sketch. 38
    Not the sexy end of tech stocks. But I'm happy with the results, and adding to holdings.

    Development costs flat while revenue still growing = operating leverage
    Legal growing nicely (+12% subscription), and starting to contribute meaningfully to EBITDA. Likely to deliver >$1.5M EBITDA in 2024.
    Primary Shareholders - Microequities, Spheria, (rate both highly).... plus Directors-Founders all own a large chunk.
    Only $2.8M debt, so acquisitions or increased dividend options for 2024.

    Recent share sales by insiders has seen SP retreat, but I think this is only a knee-jerk reaction.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
52.0¢
Change
0.005(0.97%)
Mkt cap ! $58.91M
Open High Low Value Volume
51.5¢ 52.3¢ 51.5¢ $63.88K 122.9K

Buyers (Bids)

No. Vol. Price($)
4 91846 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 9931 1
View Market Depth
Last trade - 15.50pm 30/07/2025 (20 minute delay) ?
RKN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.