Ann: H1 FY21 Results Presentation, page-4

Hi guys,
just been doing some research and looking to invest in Straker these are the things I like.

- founder lead - 14% ownership
- humble ceo/founder who has bootstrapped in the past so not frivolous with capital.
- board 20% ownership overall.
- Liquid. enough cash for a few years if no accusations.
- close to profitable but choosing high growth.
- addressable market is growing.
- ok profit margins should increase with scale.
- RAY IP(?)


things I'm unsure about and would love some feed back if anyone has the answers.
-has anyone used the RAY software? is it any good? is it anything different then already exists on the market?
- The clients pay per word translated and the have a high number of repeat customers but is the model a SAAS model? where they pay a membership or is it lots of repeat 1 off contracts?

hopefully someone from here is within the industry and can give some feed back as I'm finding it really hard to research the actual main product itself. I like the company structure, direction and space but would love some feedback on the product. positive or negative..

thanks