I'm a little confused by the numbers here. Someone is not telling the truth.
1-Page came out last year and said they had over 1b profiles. Now in the latest release they don't clearly say how many numbers they have....
31 March 2016
With the launch of new data in February 2016, the average pool size of potential candidates increased by 240%, and 1-Page is experiencing an improvement in the scale and velocity of the platform allowing a significant uptick in pool usage. The Company’s priority is to increase the number of quality, enrichable candidate profiles in its database, therefore increasing the value to its customers. As of March 2016, 1- Page had between 250M – 300M high quality, enrichable profiles, which will continue to grow as more data sources are added into the database throughout 2016 and beyond.
There was an investor who questioned this last year.
https://www.shortlist.net.au/nl06_news_selected.php?act=2&stream=1&selkey=50443
Tuesday 02 June 2015 3:25pm
Claims of 'billion-plus candidate profile database' questioned
Investors have questioned the veracity of ASX-listed recruitment technology platform 1-Page's claim to have more than one billion candidate profiles in its database.
The company said it has grown its database from 820 million profiles to 1.15 billion since
acquiring professional network BranchOut in November, but one investor challenged that figure on a call following the release of financial results last week.
"There must be a percentage of inactive or dead profiles that are unable to be contacted, especially from the integration of the BranchOut platform. Can you advise the true number of active user profiles?" he asked.
1-Page CEO
Joanna Weidenmiller countered, however, that the company draws data from more than 70 sources to regularly update those profiles.
"We delete any dead or duplicate [profiles]... When we acquired the assets [of BranchOut] in November, there were 820 million professionals. We updated all of that data, deleted dead people, looked at the active poll, re-engaged our entire active user base and grew that to 1.15 billion," she said.
According to the quarterly results, 1-Page's sales during the three months to April totalled $103k.
"[It] was a very important quarter due to the launch of two of our products, equating to the majority of 1-Page's revenues. This is based on current demand and scale we are already experiencing from clients," said Weidenmiller.
