Advertising and marketing expenses for the last quarter almost doubled from $563,133 average over the three previous quarter to $1,081,690, accounting for the biggest share of the increase in expenses. I would think a lot of the results of this advertising would appear in increased sales in subsequent quarters. It would be rather pointless having a very useful app and then not promoting it.
Haven't yet seen a start up growing this rapidly being cash positive. Seems a very useful app from what I can see.
- Forums
- ASX - By Stock
- RAB
- Ann: Beating Guidance - Quarterly Activity Report & Appendix 4C
Ann: Beating Guidance - Quarterly Activity Report & Appendix 4C, page-35
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)