Answer: They would have grown even more slowly than they did....
Scaling argument is weak if you're not getting low customer acquisition costs as a result of reinvesting to scale better + network effects.
Buying customers expensively isn't a sign of a great SAAS business IMO. GLTAH, you may need it in this new anti growth stock meta
Ann: 2022 Annual Report and Appendix 4E, page-87
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Last
$139.93 |
Change
-2.540(1.78%) |
Mkt cap ! $21.35B | |||
| Open | High | Low | Value | Volume |
| $140.43 | $141.30 | $138.60 | $18.82M | 134.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23 | $139.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $139.99 | 36 | 3 |
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| Last trade - 12.53pm 09/09/2024 (20 minute delay) ? |
| XRO (ASX) Chart |