Two things I liked (well actually I liked many things, but these stood out)
1. They are doing some road shows - presumably to raise awareness with analysts. Analysts don’t have time to cover everything, so you need to make it easy for them, I assume they want to dispel the “just a roll up” perception.
2. While GL wasn’t going to give any guidance, he did say that they had an ambition to achieve 200 million turnover (not RR but actual turnover), 15% operating EBITDA and 50% ARR. While he emphasised that this was not guidance but an ambition, he did say that FY23 was a target for achieving this.
I don’t see massive increases in SP short term, but happy to wait for the company to achieve its goals.
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