Just going through the report and the quarterly figures towards the end are what interest me the most especially from June onwards.
June total TTV was $584,459 and a net transaction revenue of $48,413 minus OPX
The report also goes up until 23 of July with TTV of 1,609,431 already 275% up from prior June month and recording a Net Transaction Revenue of $142,508.
Furthermore during the quarter we were introduced to a potential BNPL company focused achieving target of profit by Calvin Yeap and further highlighted via recent interview with our new executive Paul Russel on the * Interview from 2 minutes in referring to a quarterly cash burn of $240k which shows IOU could potentially reduce the gap between expense v profit.
Very exciting stuff going on moving forward especially with figures introduced since launch from 15th June to 23 July, only a 5 week period with a restricted economy.
IMHO
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- Ann: June Quarterly Activities Report and Appendix 4C
Ann: June Quarterly Activities Report and Appendix 4C, page-187
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