Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7

Yes + anything tech related is being sold indiscriminately.

As Madamswear noted: software spend in the real estate agency industry has traditionally been relatively stable irrespective of market conditions.
Albeit, growth may slow for a year or two.

Now valued at EV < 1.6x ARR - extremely low for a cashflow positive SaaS company with $14m net cash