Almost 20% revenue growth in the face of a once in a generation energy crisis that has seen countless small GTK B2C customers go under. This is frankly a fairly incredible result. It boggles the mind that the stock is down here given the underlying revenue growth ex impact of SOLRs has got to be close to 30%. Half year preso mentioned net cash balance as of mid May of c$20m NZ$. Means the stock is trading not far off 1x sales for a predominantly recurring software biz.
Almost 20% revenue growth in the face of a once in a generation...
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