Ann: Investor Presentation, page-2

I'm pleased with the result, and added slightly to my holding.
Strong free cash flow from the business accounting unit. And given that ~$3m of debt was retired in the half (now debt free).
I think dividend for FY24 will be stronger again... suspect more like 4cps.

Hard to tell what the impact of the price increases were on subscribers (as total numbers fell). But the presentation also indiicated that they had retired a free payroll solution which resulted in customer loss. However, I'm fine if they can push through 5 - 7% annual increases in their licensing revenue. Accounting software is sticky, and their rivals are aggressive on pricing.... so why not?

I'm satisfied with Legal group, won't be delivering significant profit for a few years.... but at least its headed in the right direction.