Yes thats all that really matters. The ANZ business which is 75% of revenue continues to decline rapidly. The reason the company gives is -
Competitive pressures and macro
trends result in SaaS revenue
declines.
In other words newspapers are in terminal decline and Isentias legacy systems were built for the newspaper and print media age. The new media age has much less barriers to entry and competition is rising.
People who are hoping the ANZ business will stabilise may be wishful thinking.
Yes thats all that really matters. The ANZ business which is 75%...
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