[Nick Hargrave]

The company finally issues an update. While there is much to be positive about (the company met expectations with strong growth broadly in line with our numbers had Azerion met their contractual obligations, record early bookings for 2023, Azerion have had to provide security for the claims so they have held up early in proceedings), the update takes its usual form of being somewhat vaguely worded and again highlights the urgent need for change at the board. The long term thesis, I believe, is still strong but there is clearly now a delay to our expected revenue and profitability ramp up that we will need to update for and further dilution is perhaps now more likely

https://www.londonstockexchange.com/news-article/BIDS/trading-and-operational-update/15833848

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