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Ann: Investor Webinar - Q1FY24 Update, page-11

  1. 4,706 Posts.
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    @gizard you are spot on here.

    They spent so time working on the back end and getting their systems in place that they same to have lost the first mover/early mover advantage. So much competition in this space now.

    They really needed to get big contracts on board during this time as well as build the consumer retail base. The slow progress here was why I bailed.

    Now they are just hoping to get to break even and if they miss this target then the company is in real trouble financially.

    Milesy
 
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