I like the transparency of this investor presentation. Hopefully...

I like the transparency of this investor presentation. Hopefully it continues going forward.

One thing I am disappointed with is that they did not previously call out the regulatory change that caused acquired revenue from track not being completely realised. How that is not a price sensitive event/communication is beyond me. At least we have some hard facts on why the division is performing the way it is.

If revenue for subscription picks up/stabilises and moderate growth continues with QA you would say this entry price is extremely safe. That's the million dollar question.