@DanMachine
You keep talking about Grab - well isn't IOU doubling its loss?
How else do you read it, is there any other way? You are just bizarre.
FY2021 $11mil Opex to FY2022 $19mil Opex annualised
Revenue FY2021 $7mil vs Revenue FY2022 $10mil annualised
Opex loss of circa $4mil in FY2021 vs circa $9mil loss in FY2022 - and yes that is a terrible shape we are in.
Grab has huge hedge funds and soveriegn wealth funds backings - do you see IOU having such backing?
It can't even organise a warehouse funding facility up till now.
Ann: IOUpay Provides Product Development Update, page-62
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