QFX 0.00% 0.1¢ quickflix limited

going concern, page-92

  1. 4,600 Posts.
    "I think there is definately some significcant revenue growth going on...at QFX right now.
    The question is...how much?"

    Significant revenue growth? Do you have a figure on this significant revenue growth or just guess based on the outlook statement within last interim report of 10% revenue increase?

    Given YoY actual financials, not only is revenue down by almost 1.2m but net loses increased to 4.2m and paying customers was down 11,000

    So hope is that there has been some sort of miraculous turn around in company revenue since Jan 1st? There certainly hasn't been any new streaming play content actually added to the content library in last 3 months to grow revenue.

    Only a single announcement, stating there was some new titles coming to Streaming Play for TV. And I don't think Downtown Abby,Sherlock Holmes and Doctor Who is going to set the Australian streaming market on fire.

    Even if Revenue increased by 10% company is still making a significant loss per month.


 
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