Hmm. They indicate they have signed 23 customers in Q4, but total customers went from 304 to 320. Any ideas? Have they lost a few customers as a result of price increases? Only thing I can think of that would have resulted in the drop.
They continue to discuss high levels of revenue retention:
'The intelliHR platform continues to achieve excellent levels of Annual Net Retained Revenue
Growth at 115%, and with less than 0.6% of revenue lost in the last twelve months.'
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10
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