FGL 6.98% 4.0¢ frugl group limited

The Android app is still sitting at 500 downloads as a free...

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    lightbulb Created with Sketch. 22
    The Android app is still sitting at 500 downloads as a free app....

    Charge $5±/mth for it and I suspect that number drops to below 50. I don't believe Apple shows similar number - though believe penetration big Apple in Aus is higher than Android combined.

    Shows what a hard slog actually getting the product out there and convincing people to pay for it will be.

    Also think the previously touted 35k breakeven will be well short when you consider marketing costs, endpoint expansion globally, server throughput expansion (we've already seen that there is currently a limit with very few users).

    Certainly interesting but it will be a hard slog.
 
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