5GG 0.00% 3.3¢ pentanet limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7

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  1. 22 Posts.
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    Net new customers for Q4 = 1,493 (12,486 june less 10,993 march)

    gross new customers = 1,885.

    so means theres a churn of 392 customers for the quarter leaving the network.

    does this mean their churn rate is more like 20% for the new subscribers?
    hang on a second, so for every 5 customers they sign up, theres another 1 customer leaving. A churn rate this high must be terminal for any busines model.
    need to increase the customer acquistion costs by 25% to amortise this nosebleed churn every month. No wonder theres a high cash burn rate.
 
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