Recent business update to market, where the Iris 1.0 has been re-imagined to address the churn of leads resulting in decreased transactions. Enter IRIS 2.0
I’ve had a good think about this as in my view, future growth hinges on FDV’s stables ability create a win win win relationship in an inefficient property and building markets in LATAM and elsewhere. IRIS solves a few problems at once.
The IRIS 1.0 is no failure. As Shaun points out, incredible knowledge of the market has been won, builders and brokers will understand the central need for this tech and even though the split of revenues may on first glance dilutes the rev, the lost revenue from leads walk’n away is far more impactful.
Iris 2.0 also reduces the marketing burden however, that lever can be pulled on at any point in the future too. As Shaun has said in the past, give me the revenue, I’ll find you the profit margin.
It takes time but watch out in 2H 2025
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Recent business update to market, where the Iris 1.0 has been...
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21.0¢ |
Change
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Mkt cap ! $91.07M |
Open | High | Low | Value | Volume |
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10 | 306798 | 0.195 |
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5 | 90673 | 0.180 |
Price($) | Vol. | No. |
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0.210 | 8049 | 2 |
0.215 | 60334 | 2 |
0.220 | 9459 | 3 |
0.225 | 51792 | 6 |
0.230 | 91926 | 11 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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