No revenue from CORONA I assume given they are only showing $215k cash receipts for the entire quarter.
At December 29 they announced USD$250 000 WorldPhone revenue in AUD that is $350k - 30% apple cut, is about AUD $250k so presumably a lag in receipting of some of the later income received.
Under $1 per user acquired and trending downwards is promising. $1.7 million marketing divided by the 2.7 million users they reported at the end of the year is 62c per user so certainly heading in the right direction.
I'm surprised they didn't mention anything about retention and user trends within the app.
NOR Price at posting:
6.1¢ Sentiment: None Disclosure: Not Held
