>they expect recurring revenue to continue to increase as a percentage
>of total revenue (not too hard, as total revenue is declining)
I am glad someone else spotted that. We are well used to weasel words in the Netlinkz reports, but that one, from the September quarter 2021:
"Recurring revenue for the quarter was over 80% of sales to Enterprise clients vs. 34% in Q1 FY2021."
was really egregious.
Also interesting was the way so many commentators posted about how impressed they were with the increased recurring revenue. Honestly, if shareholders are going to fall for such a simple trick it is hardly surprising that JT can get away with paying himself $900,000 per year.
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