Made $9m in the 1H and $3m in the 2H. Im trying to get excited but to grow they seem to lose money, all this moderating talk... He is paying himself $1.2m so 10% of NP. Big drop in marketing expense to ensure a profit. Smart but not sure how the model really works, scales going forward. Love it through 8c, but cant see me adding, would probably trim a breakout and look at other things. @SteveSage yeah I think another Qtr or 2 is needed to see. Also looks seasonal and the 1H is much stronger, which is a positive for these results. FY 24 question was reopening the tap... He said its challenging and readying the business for when interest rates turn and "leverage" his platform. Its a wait and see for him. That tells me the same
MME Price at posting:
7.4¢ Sentiment: Sell Disclosure: Held
