Still a worry! With over 100 clients at $3.3m annualised revenue, that's only $33,000 revenue per client on average. Not very high.
New client acquisition is still too slow, only adding 9 clients in the last 3 months (March QTR). They'll need over 3,000 clients to achieve $100m in revenue. At the client acquisition rate this will take years!
Ann: Quarterly Activities Report and Appendix 4C, page-3
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