@laoshi nice summary. It's been a wild ride with AMX but for all it's flaws I respect that management have maintained their conservative nature and the metrics they use to report on the business.

With the updates today, they used their established last month statutory recurring revenue x 12 as their ARR definition which was a -2% QoQ result. I guarantee there would have been a lot of management teams who wouldn't have released that update at all, or shifted their definition of ARR to include signed but not billed ARR (CARR in effect).

The Landchecker agreement is a very nice one, from what I understand Nearmap aren't as willing to use partner integrations which opens up a large market for MetroMap. Minimum >10% growth from this one agreement, it would be interesting to know how much upside could potentially come over time as well.