You're welcome, though I'm sure I've left out lots of important...

You're welcome, though I'm sure I've left out lots of important analysis. BTH integrates with Salesforce as well as other platforms, so there is a huge platform not too far away from it but it isn't reliant on Salesforce for instance like LVT is for the SharePoint software - with all the benefits and risks that can bring. In my mind they're quite different products, so not direct competitors.

On BTH being cash flow positive, the caveat is that they announced that MRR (monthly recurring revenue) for December met normalised monthly expenses - so not incorporating one off expenses etc. So there were a few caveats, I think what they were trying to say is that management is aware of not burning money like its 1999, they can see that its possible for them to do so, but they'll probably keep spending more than they earn to drive growth for now. Something like that anyway!