I'll do it. Superhero's really in the game for its Super product. They could make all their profit there to offset their reduced ASX brokerage income. FWIW I'm 99% sure Superhero is not profitable in it's current state, but has the luxury of being able to invest hard in growth, without a bunch of retail shareholders getting pissed off at constant dilution.
Not to mention any ancillary revenue from subscriptions/what not that they haven't scratched
In the end, as long as these companies have investors happy to throw money at them, the sky's the limit and the name of the game is customer acquisition. Robinhood still ain't profitable
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