Expected soft quarter but still disappointing announcement when you factor in that there is a bump from pushing project based sales to Metromap for the new financial year.
'Modest growth in the September quarter was largely attributable to a short term timing issue reflecting a number of deferred renewals, which are expected to be taken up in October.'
Already pretty deep in October, hope this isn't a sign of churn already.
Also noticed that there was some discounting with 30% of Metromap from 12/10/2020 to 08/11/2020, it states that the offer is only for new signups so probably not an attempt to encourage renewals. The campaign did start around the same time as NSW reopening.
https://www.ozbargain.com.au/node/656624
https://www.metromap.com.au/likeapro/
Also no news of a CEO but new position of CRO and CIO
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Expected soft quarter but still disappointing announcement when...
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