Are the new products generating SaaS revenues, or are they licence sales? If your forget the H1 result and just look at FY21 in totality:
* Licence sales are significantly down year on year. That could either be renewals or new sales. Either way, less demand for traditional products. We don't know how many new product sales, are they SaaS revenues? How far through the transition are we?
Agree new product sales to new customers is encouraging. But need more detail before buying any further.
Are the new products generating SaaS revenues, or are they...
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