EVS 3.64% 5.7¢ envirosuite limited

If you look on page 25 of the takeover announcement from 17th...

  1. 77 Posts.
    lightbulb Created with Sketch. 20
    If you look on page 25 of the takeover announcement from 17th Jan is shows a graph of 'ARR bridge to $12M'.

    It states that the Dec'19 ARR was $5.9M (forecast). As such ARR went up $300,000 in the first six months of the FY.

    Interestingly on page 9 it says 'EVS A Snapshot Today' and states ARR is $12M, then in brackets underneath says *FY 2020 target'. I'm not sure how you can title a page 'a snapshot today' but then give an optimistic forecast of what you want to achieve rather than stating where you are actually at, which is around halfway!
 
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