agree - solid set of numbers. good growth in all revenue streams, positive cashflow across business keeping balance sheet fresh for some acquisition growth. while fee revenue grew the least, grew faster than AU active users, and the overall revenue per user growing massively across their other 3 pillars. I see continued optimism in those other streams! I wonder whether acquisition looks at some of the other ShopBack type businesses to boost the rewards base - is proving to be a profitable model!
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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