Ann: Half Yearly Report and Accounts, page-12

Acquisitions through this period, normalising and continued service and licence based revenue growth paint a positive picture.

The first cashflow positive half since the business has finished acquisitions, record revenues - though somewhat skewed by low margins due to the big services revenue components - paint a picture of potentially having normalising revenues over the next 24 months, but gross margins picking up towards 80%.

As a bare minimum, we know there's an additional $3m in licence based revenue due over the next 12 months.

Interested to hear thoughts.