From their report, CAT have quoted the same number (68.8m) for recurring revenue but have said this is growth of 20%??
Not sure if it has something to do with their revenue cycle and you comparing FY numbers to HY numbers but I’m sure they’ve checked a re-checked these numbers more than a few times?!?!
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- Ann: H1 FY20 Results Presentation
Ann: H1 FY20 Results Presentation, page-43
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