They're flying.
- Pace of TCV sales still accelerating ($2.2/month from June 30th - Nov 19th, $3.4/month from Nov 19th - Jan 22nd, $3.9 in the last month) to such an extent they appear to be on an annual TCV pace of $35m+ (i.e. at least $3m/month). From memory they averaged about $15m on-premise license sales p.a. prior to 2018.
- Average length of contract sold this year is 3.4 years ($21.5m TCV sold for $6.4m increase in ARR), gives good visibility on revenue.
Only thing left to see now is extent to which subscriptions are cannibalizing perpetual on-premise sales.
They're flying.- Pace of TCV sales still accelerating...
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Last
$3.03 |
Change
-0.010(0.33%) |
Mkt cap ! $668.7M | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.04 | $3.00 | $874.7K | 289.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1590 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 3560 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| RUL (ASX) Chart |