PRO 4.62% 68.0¢ prophecy international holdings limited

AgreedDevo is bringing in high volume but smaller accounts - no...

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    Agreed

    Devo is bringing in high volume but smaller accounts - no doubt same will grow both in terms of additional accounts secured and hopefully also growth within those secured accounts.

    Devo are pretty impressive and are clearly pressing hard on behalf of Pro and our products.That is a huge vote of confidence.

    Oracle to my thinking are the big end fo town contract sales - be that US defence, Government, Major Corporates and so on - much slower to yield fruit but when it drops it is a tonne not a punnet.

    IMHO Prophecy - which already has an amazing client list - will start to really benefit from these partnerships over the next 12 months with solid growth all whilst transitioning to subscription.

    Unloved and unnoticed at the moment on the ASX but that can change quickly

    Love the extract on page 5 per below

    Growth in recurring
    revenue for emite and
    Snare is expected to
    continue

    Targeting positive cash flow
    and earnings in FY24

    Robust 2024 pipeline:
    • emite: approx. $10.0M
    • Snare: approx. $15.3M

 
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