Originally Posted by
iceman
The numbers look good and all seem to be heading in the right direction. In addition to the on track spectacular growth in ACMR, the retention rate remains above 95% which indicates good customer satisfaction. As well as retaining nearly all of their current customers, they have increased numbers by just under 3,000 or 78%, including 36 (up from 24) of the top 100 largest churches.
The partnership with Intuit is an exciting opportunity and it will be interesting to watch how this progresses.
Headlines and articles like the one today in the NBR do not help the SP. It is an ill informed article in my view comparing PPH to XRO's growth opportunities, totally ignoring the fact that Xero took on an establish giant in Intuit in the USA (now partnered with PPH) whereas PPH has no such big established competitors. First mover advantage ignored by the NBR.
A happy holder and this continues to remind me of DIL in more ways than one