AMX aerometrex limited

Expected soft quarter but still disappointing announcement when...

  1. 116 Posts.
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    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

    Last edited by Faiseb: 22/10/21
 
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