it’s ARR mate, sticky revenue that will be recurring yearly. As Karl says ‘Australian investors don’t understand ARR companies’. For a better indication, track ARR compared to trailing yearly cash receipts for an idea of churn, the figures show very little churn. Yes revenue has grown rapidly along with expenses but at any time expenses can be reigned in while revenue will still be coming through the door. Show me a similar business model that can boast the same. I’m personally loving the fact that Australia doesn’t understand ARR.Top up time.
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