KDY 0.00% 2.7¢ kaddy limited

Ann: Q4 FY2022 Quarter Update Presentation, page-48

  1. 4,708 Posts.
    lightbulb Created with Sketch. 197
    cutting your fees till it is meaningless for customers to stay on the platform also defeats the business purpose of making profits. If this is their solution then this isn't a reliable long term selling point for a company.

    They need a compelling reason (if they want to make it anywhere near 10c again equivalent) as a business to use their products or services, and that certainly as a shareholder isn't one you want. It will also likely just lead to burning more cash in the long run.

    International - why even bother. If you can't even get a profitable business up and running in australia your throwing even more cash to setup internationally? the day that happens you'll be able to smell the money burning all the way from here. Bed down Australia first and a profitable,cashflow positive business, then talk international.
 
watchlist Created with Sketch. Add KDY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.