RE: What IS "the market profitability expectations for FY2021"7 Jul 2021 11:17
bs. dunno, but they also said that it may be more profitable with less revenue coming in. I would prefer both to be honest as it suggests that with an ARR of £34M for 21/22, that they are not confident they can convert much of the pipeline this year [transition] and with £50M last year, then they only expect to add a further £1M to £15M in revenue...... so that is ok, as long as growth is super dooper 22/23..... as they convert the pipeline...... and may explain why we stay where we are in sp for now... as the market sees LOOP as high growth and it appears to have stalled as it transitions to its new business model......... confirming [I suppose] that their previous business model was not agile enough to profit from a post covid world........... B