@lorraina I'm glad you like the half-yearly results.
I personally think you are also right to keep an eye on revenue growth. This is a SaaS business, which generally means higher margins than say, an industrial company.
What's special about PTG is that it is a *high-growth* SaaS business. It has the opportunity to spend a little more on tech staff, R&D, sales and so on. This lets it deliver results like this half's 98% revenue growth.
The company has made a decision to focus is on topline revenue growth, not profitability. The company is explicitly investing in future growth rather than in showing profits.
This is how it will become a much larger, more valuable company, more quickly. I hope that is helpful, lorraina.
PTG Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
