Positive highlights from the earnings report, still need to listen to the webcast:
- Food industry client Hello Fresh mentioned by name, which many already knew
- First new SaaS model client SelectQuote, a $4.5 billion company on NYSE
- Sales organization grown
- Transparency in pricing
- Seemingly competent new CEO, though time will tell
I also still doubt the sufficiency of the financing. If one round could be achieved, and even with good terms for old owners, that would be nice. However, it must be remembered that the cost level this year is completely different, as the astonishingly large legal department in the UK was laid off, and there were also other redundancies and sales of country-specific businesses.
This had also gone unnoticed, meaning the new LUIS^Teneo model uses Microsoft’s LUIS: Artificial Solutions launches LUIS^Teneo, a conversational bot runtime & development environment for Microsoft Azure customers - Teneo AI AB
And at the same time, Teneo has become available on Azure Marketplace: