New here, jumped on after reading lines from the FY18 report such as:
- as at June 30 unearned revenue was $5.1m. Let me know if i've misunderstood but my take is thats 80% of FY18's revenue locked and loaded before FY19 even started.
- ...marketing personnel (n3) were onboarded towards the end of FY18. Suggests to me greater upside expected in FY19 associated with a full year of having n3 onboard. I concluded this was also correlated by the pink graph on page 1 where the gradient increased from Dec.
- ...n3 is a ... marketing execution vendor for Microsoft's... I figured here that any one with an access to a Microsoft client list had a whopping big long list of potential and already aligned clients on their hands.
DMyOR and concluded this a compelling investment.
LVT Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held