Ann: Pushpay updates FY20 guidance, page-8

I totally agree with your comments. PPH's processing volume is still growing at a respectable rate. What is more important is to keep the operating expenses under control now that the company is cash flow positive. My focus as a CFO is always the bottom-line. A growing company always get carried away and over staff. At some stage they will need to restructure to improve their efficiency. It is good to see that they are focusing on their cost structure. I am comfortable holding on to my holding in this company for the meantime.