I was quite disappointed with the update, as they were growing ARR by 30% QoQ quite consistently prior to this quarter.
To have ARR growth slow to 0% QoQ so drastically in a quarter where they offered 20% EOFY discounts to everyone.. that really shook my confidence in their ability to fight NEA who seem to be mounting a pretty fierce competitive response.
For me the thesis broke, so I've taken my (lack of) talents to go off to lose money on other crapco's.
I am still rooting for AMX (from the sidelines) and I hope they get a takeover offer from Eagleview who may be interested in their world-leading 3D technology...
AMX Price at posting:
80.0¢ Sentiment: None Disclosure: Not Held
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