Unaudited consolidated revenue for 1H FY22 of $7.1 million, up 35% on the prior corresponding period, with invoicing of customers for both key business segments (full-curriculum and VET-in-Schools) still occurring;
So really when talking about growth rates, we need to remember last Q was strong YoY and there may still be cash receipts still to hit the books from this one. Rev rate for half year healthy at 35% YoY. My overarching question for this result was can the company show its back to growth. Looks like answer is yes.
Company looks to be getting back into gear after some setbacks from reseller and covid.
IMO, DYOR
MJ
RCL Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
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