Sylogist Ltd T.SYZ

Q1

[Possibleidiot01]

Just not feeling excitement here.
Something screwy about this table? How can you have a comparision to two three month periods ending March 31st 2022 , think the second from right is 2021? What what project services revenue refers to ?

Revenue Analysis
	Three Months Ended March 31, 2023	Three Months Ended Dec 31, 2022	% QoQ Change	Three Months Ended March 31, 2022	% YoY Change
Cloud Subscriptions ($M)	$6.2	$6.0	3%	$5.4	14%
Maintenance & Support ($M)	$3.6	$3.7	-3%	$3.2	10%
Project Services Revenue ($M)	$5.9	$4.9	20%	$3.9	53%
Other Revenue ($M)	$0.2	$0.7	-71%	$0.6	-80%
Total Revenue ($M)	$15.9	$15.3	4%	$13.1	21%

[zrobertson]

I see it as them trying to show both sequential (3MO Dec 31), and YOY growth. Also not super exciting to me, yes revenue growth is great but operating leverage excites me more.