Ann: MOZ - Quarterly Activities Report - Q4 FY2021, page-5

I think that is right. Also means their EBITDA number this quarter (which they say was their 2nd best on record, but I wonder how much of it was organic vs inorganic growth) is a more pure reflection of business performance.

Good to see them repaying their debt as well. They will obviously still need a working capital facility, but at this point there's no need for a term loan that just worries shareholders so hopefully the debt reduction continues.