By end of Jan, the business would have known what the 2022...

By end of Jan, the business would have known what the 2022 school year looked like. The lack of comment was enough for me.

Unfortunately the exponential growth rates post-IPO have subsided, despite two acquisitions and significant investment in sales. That, and also the major sub holder bailed in a fire sale last year without warning.

Still following, but we have to be honest in this game. It looked like a rapidly growing business, but it is not. And every year RCL does not establish dominance is another year that competing products can fracture this small niche market.