Maybe, but it depends on what the new plan is. It's cheap and...

Maybe, but it depends on what the new plan is. It's cheap and has good recurring revenue and a clean balance sheet so it could be ok, but the growth story is probably dead for a while.

The annuity revenue stream will probably go down over the next few years as the UK and Aus markets consolidate (due to idiotic government price caps essentially part-way nationalizing energy distribution, which places huge pressure on GTK's clients to lower costs and not invest), and if they're losing Big 6 clients (like Elo) to Octopus/Kraken then it's not clear where the growth comes from.

An analog here is GBST - they were fine for a long time, then Bravura came up with a better mousetrap and killed them.