Keeping an eye on Zronet, Mobifone and Smart is all good however in the grand scheme of things they are literally drops in the ocean. Investors really need to shift their focus to everything Brazil and in particular and the Chief Revenue Officer...
Judging by Ricardo's Linkedin profile he is in charge of a lot more than just the Brazilian operation. He also claims he is responsible for "orchestrating strategy" and tripling revenues by "realigning the direction of the firm".
"Orchestrating global strategy and go-to-market executions to prepare this $45M company for sustained growth and market dominance. Tripled worldwide revenues within one year by realigning direction of the firm, optimizing human resource assets, messaging to the market, adding additional products and services via M&A, deploying extensive business data analytics software and culture, focusing on growing revenue and cutting costs.• Spearheaded critical integration of mobile platform with $15M service-provider carrier billing unit acquisition of Zenvia to create disruptive market advantages.
• Tackled $1B in emerging market mobile commerce business by integrating sponsored data advertising platform with premium content partners and newly deployed DCB services.
• Transforming DCB (direct carrier billing) platform into broader FinTech product roadmap."
https://www.linkedin.com/in/ricardocidale/
Makes you wonder who's running the show? Isn't "orchestrating strategy" and "realigning the direction of the firm" the CEO's job??
Investors deserve to hear a much more granular detail regarding the Brazilian operation and much more from the CRO. IMO, as a minimum, Ricardo Cidale should be appointed as an Executive Director and take some ownership for investor relations.
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