Yep they are growing respectably in the US and prior to this...

Yep they are growing respectably in the US and prior to this half rapidly in the UK. The latter is one of the reasons I am so positive on them as it is a major step up from ANZ in market size. Think Sage is putting up a strong fight now and turned in some good results recently. Re US, I think just getting growth there is a big plus as they are fighting a thousand pound gorilla with Intuit. The fact they are taking market share is positive. Their churn is still too high in both US and UK but thinking there must be readily addressable gaps causing this... If they can get the business and hang onto it the growth will pop higher. Their last half for UK and US tbh I found a bit disappointing. Their guidance was it was a seasonally slow half and would pickup. Important they deliver on this as Aus and NZ are rapidly maturing and need these markets performing for the next leg of their growth story…