Reverse Engineering Expectations of the Q2-FY20 Result and Beyond, page-2

Thank you T.E.P, interesting post.

Organic ARR was stated as 42.9m after Q1, so ARR grew 2.8m in Q1 FY20. You stated "movement in revenue will be volatile across a quarterly basis". However, just to muck around with, if isn't wasn't lumpy at all that would make ARR 51.3m by end of FY20. Or around 37c ps based on your calculation above.