have a look back at some earlier posts - subscription fees on listing vs now
sure some annualised subscriptions - like all business they won’t hold onto all of them as there is churn - and at end of day if the operations produce a negative result it’s meaningless after all these years
saying they are beating forecasts by a lot Jist shows how poor their forecasting is imo- and subscription revenue is nothing new- it was the foundation of their business model they brought to market
it’s losses are bigger with the pivot- the debt is larger- shares on issue ever larger - the bump in upfront development revenue gone as predicted
sure next quarter- next half - this is what they have been saying for years as they suck in more capital and dilute holders for a product which is unique
One day like many to come it will be
We are pleased to advise that due to supply chain difficulties for manufacture - we experienced lower revenue than expected - larger losses
This was principally due to the Russian Ukrainian conflict which then caused a consumer shock which drove down monthly subscription revenue and sales- but next half things will improve as peace is expected
- please subscribe so we can pay off some debt and realise our salaries- sorry dreams - thank you
have a look back at some earlier posts - subscription fees on...
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