Slowly but steady is all I can say about BTH. Very impressing for a newly business with accelerate growth can achieve cash flow neutral in less than 2 years listed. However, what I'm more interested in is the update on its retention rate as this was not mentioned in previous updates. Quite a few people questioned on this as this is one of the most important indicator for SaaS companies. And I'm quite happy that its retention rate still very good at 85% which is unchanged.
And on a side note that Merck now is also its customer, not sure this has been mentioned before.
BTH Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held