Ann: 2017 AGM Presentation, page-8

A lot of companies would like to be looking at 15-19% growth this fy. With 20% forecast in years to come. With high visibility of earnings.

Spend lots on marketing to continue to capitalise on their position as number one in an industry that is a little resistant to change; but is changing rapidly. Bigger projects, more interconnected projects etc.

Seemed like good reassurance to me that they are headed where we think they are.

Comparisons with other saas companies useful but not all aspects are directly comparable as industries differ.