PLX plexure group limited

Interesting that revenue was $11.8 for the first half and...

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    Interesting that revenue was $11.8 for the first half and they're still forecasting $21-23m, with new customers coming online. Either they're being conservative or they accrued most of the license revenue in the first half.

    Either way they're expecting users to triple in the the coming years and for usage itself to do the same. All points to continued revenue growth.

    Obviously net cash inflows and profit are being somewhat constrained over Fy20 and 21 but this makes sense given how large the opportunity is and how small they are currently.
 
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