OVT 13.9% 4.1¢ ovanti limited

Ann: IOUpay Provides Product Development Update, page-62

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  1. 17,261 Posts.
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    @DanMachine

    You keep talking about Grab - well isn't IOU doubling its loss?

    How else do you read it, is there any other way? You are just bizarre.


    FY2021 $11mil Opex to FY2022 $19mil Opex annualised

    Revenue FY2021 $7mil vs Revenue FY2022 $10mil annualised

    Opex loss of circa $4mil in FY2021 vs circa $9mil loss in FY2022 - and yes that is a terrible shape we are in.

    Grab has huge hedge funds and soveriegn wealth funds backings - do you see IOU having such backing?

    It can't even organise a warehouse funding facility up till now.

    Last edited by kevin103: 27/06/22
 
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