Reduction in usage fees suggests that there is pressure on their fee structure.
Do we have any transparency on how they charge or it is bespoke? And if it is bespoke (which Im sure it is) are some of these big new customers not paying their way in usage and fees but rather by giving the platform credence?
These are poor numbers esp the revenue number which has shown minimal growth from a year ago.
Im so glad I didnt buy in yet - I need to see more runs on the board before I enter.
This quarterly result is really disappointing.
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