Analysist Updates, page-59

Thanks Reg. It's always good to have another perspective. I re-checked my two methods, and my simplest method (actual half year ACV as a simple predictor of full FY revenue) has been within $1M of actual revenue for the last two financial years. If true again for FY18, it means revenue should be within $1M of $54.2M. If your expectation of a declining discount for my second method is true then revenue will be even higher than both of us predict. Who knows in advance? Good whichever way it goes.