Yeah, I think maybe WaveSlaveDave read the numbers the wrong way around.
But they're pretty dismal even when read the right way around.
Bulk of revenue came from consulting, but so virtually no revenue growth from core business of selling their hardware + subscriptions.
Subscription revenue growth is impressive as a %, but off a very small base, and indicates that there is no traction being gained from any of the various distribution agreements and partnerships that have been announced with much fanfare.
All in all there continues to be a big disconnect between financial results and the hype and expectation set by management through announcements over the last couple of years.
Yeah, I think maybe WaveSlaveDave read the numbers the wrong way...
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