Let’s hope he can manage costs in the business so that expenses stop growing faster than the top line.
The only thing holding this business back is the fact that it’s getting larger but less profitable, as costs aren’t being managed well. The business is meant to save cost by scaling, but this isn’t happening currently.
Simon has said their focus now is on cost management and efficiencies, so let’s hope profitability starts reversing trend to an increasing figure rather than a decreasing one. Only time will tell.
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