I wonder how many brokers look at the statement from the conference call in relation to product? The CFO effectively says that 1 in 5 customers are now effectively multi-product customers. That is a great result, but also suggests there is still a lot of potential revenue to come from up-selling existing customers! Realistically not all businesses need all products, but over time, you could see that 20% figure building to 50%.
NEA Price at posting:
$2.55 Sentiment: Buy Disclosure: Held