Ann: Half Yearly Report and Accounts, page-14

Rasaj,
My thoughts are that in the Q2-22 to Q2-23 period management was floundering. Yes, the percentages look reasonable however when dealing with such small numbers it's easy to pump out big percentages - it's the absolute numbers that matter. Licence revenue has grown by less than $500,000 since those horror quarters. Services has always been and should be part of the revenue mix as it does often lead to licencing thus fueling licencing growth.. The business picked up toward end of Q2-23 which is reflected in Q3-23 mainly through services. I am hoping that the significant increase in services over the past year will culminate in licencing growth into 24/25.