Ashish Sabadra: Thank you.
Operator: And our next question comes from the line of Jeff Meuler with Baird. Please go ahead.
Jeff Meuler: Yeah, thank you. I didn’t understand the answer on the last question. The LatAm renewal the year ago, that was in Scores, not software, correct?
Steve Weber: Yeah, that was Scores. I’m sorry, that was in Scores. And the ones in — the ones in Scores happen occasionally. We’ll have license deal, typically foreign deals in areas where a large bank wants to build their own Score model and will sign deals with them. So that within Scores, we occasionally have those and it’s difficult to again, even with those it’s difficult to know what the — what the timing is going to be.
Jeffrey Meuler: Okay. And then just trying to — I guess probably the last question as well. Like the 21% growth in B2B Scores last quarter, 12% growth this quarter. How much of that slowdown is just due to the LatAm comp in the year ago or anything else that you can say on, like non-origination revenue trends, because it doesn’t look like a lot of…
Steve Weber: It’s completely due to LatAm and lower mortgage volumes in Q1 versus Q4, right. We’re volume takers, obviously, right? I mean, if the volumes are down, which they’re going to be. They’re going to be anyway, seasonally in that quarter. The December quarter has fewer mortgages typically than September quarter does. So it’s the combination of those two things. Outside of originations, that was up slightly, the non-originations business was up slightly, but not all that significant.
Jeffrey Meuler: Okay. And then can you just help me with any rough order of magnitude of sizing? If I look at your mortgage origination revenue, roughly how much of it comes from closed loans versus things like rate shopping or applications that don’t result in a closed loan or anything else that would fall in that bucket?
Steve Weber: Yeah, frankly, we don’t know because we don’t — actually, I think if you have to ask the bureaus, they’ll tell you the same thing. The bundles get pulled with Scores and data, and they don’t necessarily know — nobody necessarily knows (inaudible) the actual lender knows if it was closed or not. So we don’t really know whether they turned into a closed loan or not. That’s not reported to us.
Jeffrey Meuler: Okay. Thank you.
Operator: And our next question is from the line of Rajiv Bhatia with Morningstar. Please go ahead.
Rajiv Bhatia: Good evening. I’m sorry if I missed it, but can you provide what percentage of your Scores revenue was mortgage in the quarter? I know you’ve provided that in previous quarters.
Steve Weber: Yeah, we didn’t provide that. I don’t have that number in front of me. What the percentage was. So we don’t — we didn’t — occasionally we will do that. We didn’t provide that this quarter. So you could probably back into it if you took the numbers we gave you from last year and then the percentage increases.
Rajiv Bhatia: Okay, yeah, we can follow up. I guess, and then I know we talked about the Latin America kind of scores license, but if I look at the Asia score revenue in your 10-K or 10-Q, I think $5.9 million and definitely more than $4.1 million for all of fiscal 2023. I guess is that…
Steve Weber: Yeah, we had a license deal in Asia in Scores. So we had a much larger one in Latin America last year. And then we — if you look at it in any given quarter, probably half the time we have a license deal somewhere. But obviously the total license deals this year were much smaller — this year than they were last year, and that was because of the Latin American deal.
Rajiv Bhatia: Okay. Thank you.
Operator: And at this time, there are no more questions in the queue. I will now conclude the call. So thank you everyone for joining today’s call. This does conclude the conference call and we thank you for your participation and ask that you please disconnect your lines.
