Yes it's clearly a while from making a profit. What was welcoming in the last quater was a reduction in expensive, IIRC whilst also a slight pickup in revenue. Last year is a hard one to gauge because when COVID first hit, marketing took a massive hit. I think it's all well and truely back on now, but it's hard to say if this has translated into significant revenue for AV1.
I think at the end of this quater, we will start to see a clearer pattern of Growth in Freemium subscribers and the number or % of freemuium subscribers that convert to a paid product after X Weeks using the product. At least, i think that's what the company should be striving to give the investors. That will give everyone clarity on the companies growth if something like those figures can be reported each quarter.
AV1 Price at posting:
17.5¢ Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)