A breakdown on Spenda client numbers, new integration numbers, ARPU, bnpl uptake, approx transaction numbers total, this would give the market clarity on current metrics as a base to work from
For a monthly example
Spenda current clients 500 New integrations this month 20 ARPU $250 Revenue $750,000 month Transactions mth $50,000,000 Gross revenue (before splits) $750,000 Net rev (CRO split) $130,000
Invigo current revenue month $70k current clients 15 new clients 5 ARPU $3500 mth
Something like this that can be tracked for progress would be welcome and give the market a better understanding overall imo
Hiding behind well we did 100% more in cash receipt than in Q1 2020 is irrelevant, as holders say CRO is not what it was 12 months ago yet the CEO uses it to justify a horrible 4C
The marketing spend from memory was $70k or something ridiculous which shows driving revenue is surely not their immediate goal, if that is the case, explain the runway better and not with we will be cashflow positive or neutral shortly
They do the above they'll get my respect with transparent numbers
PS: This market tech funding line was it ever announced to the market?
CRO Price at posting:
5.8¢ Sentiment: Sell Disclosure: Not Held
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