I'm happy with the 93k gross adds up sequentially and also up 30k vs prior quarter. Momentum is masked by legacy South American low ARPU churn.
Suspect if they do this for one more quarter then market could go nuts on this name again, because that will prove without doubt that MSFT gorilla/whale/dinosaur has zero effect on the business model.
Even if the market does keep its cool, if these guys can retain the ~5x EV/ARR multiple and grow at ~30% pa then it could be a fairly solid LT compounder.
DSE Price at posting:
28.0¢ Sentiment: None Disclosure: Held
