Yea... They've not really made much comment on numbers any year...

  1. 591 Posts.
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    Yea... They've not really made much comment on numbers any year in Jan Q though.

    I don't think its so bad, though I have high conviction on the product. Direct sales growing over 20% YoY and the launch of the VET group going to be the test for VET side growth which is the higher margin. Downside protection of share-buybacks nice to have in the back pocket, and should post a decent profit this year so no urgency from a need for capital. At ~30m MC I think its hard to say we are expensive given where most of the tech market is at even after this sell off.

    I see this as a structural growth company in its infancy, tech revolution in education has arrived. COVID was a huge eye opener for people, personally I was shocked how well digital learning worked in the pandemic. Just needs more of the boomer department heads in schools to start retiring and the way classrooms looks will transform as younger more technologically accepting teachers step in to leadership roles.

    IMO, DYOR

    MJ
 
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