EN1
Beautiful summary Tran
- Daily revenue has scaled up to $65k/day.- Debt facility has been secured and ready to be delpoyed for hyper-growth stages.- As a result, the company has no intention to issue any further round of conversion notes going forward.- StartApp is now live and is expected to add significant revenue to the $65k/day already achieved.- June revenue is expected to be the highest monthly revenue since IPO and is expected to be above $1.8mil, giving Q2 revenue of $4.5mil (also highest quarterly rev since IPO).- Initial steps are being taken to prepare for 3rd batch of publisher activations.- EN1 is now officially generating cash flow positive and is in strong positon since the IPO to generate further significant positive EBITDA and net profit from Q3 onwards.- Management is excited and confident EN1 has now turned around the corner and is now in the best position to scale up the business.Looking forward to receiving this parcel at my front door next week or thereabout and days of sp at 4c or 5c or 6c will be things of the past.
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