Ann: ARR reaches $18.6 million, up 272% YoY, page-24

As a long term investor I actually hope the stock price climb here is gradual now - just as if it gets too choppy it is easier to consider pulling out.

MCap is circa $275 mill
$18.6 mill ARR
272% growth

It seems reasonably priced now - personally at that growth rate probably quite cheap but lots of factors to consider.

Thing is though most software coys that actually pull $20 mill revenue can usually get to $100 mill plus - it seems a strong chance here.

I am not too worried about profit so long as expenses don’t blow out cash flows too much - ie ROEC is reasonable - that is the only risk.

If it goes well I’m pretty sure Xero is an apt comparison though too early to see if they can grow that large yet...