I read nuix ipo again. Although revenue growth rate is fy19(23%),fy20(26%),fy21f(10%), but we should focus on gross margin fy18(89%), fy19(89%),fy20(88%),fy21f(86%). If company have big figures of revenue, but they have low or no profits, they are still called burning money phrase.
Royal Commission on CROWN, page-6
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