Another snippet from the half year report
Strongly positioned to proceed with its innovative research and development program in tandem with its global expansion strategy, with:
the strongest cash position in the history of the business
increased and positively growing receipts from customers
growing contracted annual recurring revenue (subscription fees)
growing professional services revenue
a reducing cash burn rate
a market-leading platform that competes successfully in global markets and large employing organisations with its AI and analytical capability, and
a strong board with experience across all aspects of management, finance, and technology.
excellent.......
Ann: International Expansion Underpins Record First-Half Growth, page-5
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