Australia's largest stock trading and investment forum Australia's #1 stock forum

RZI

Click for more information

0.00%

37.0¢ raiz invest limited

Ann: Q2 FY24 Business Update, page-4

First 4 Last

Share
Profile

Follow
Jonboi11

1,269 Posts.

63

01/02/24

13:07

Post #: 72183777
Share

Originally posted by rumandcoke: ↑

The report says "Minimal churn: AU Active Customers down 1% QOQ"

As usual, a very tricky use of language. A 1% drop in active users is not the churn rate. But putting the two items in the same sentence implies they are the same thing - without actually saying they are. 1% down is the net change in customers. Churn must be much higher, as the 1% drop comes after new members joined. In fact, the better the acquisition rate in this quarter - the worse the churn must have been.

If you want to claim "minimum churn" you should just publish the churn number.

Painting a net fall in members as somehow good news is... well - insert your own judgement here.

Expand

Regardless looks cheap from here as they do seem to be getting cashflow under control....

RZI Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 33 more messages in this thread...

First 4 Last

Add RZI (ASX) to my watchlist

(20min delay)
Last 37.0¢		Change 0.000(0.00%)		Mkt cap ! $35.32M

Open	High	Low	Value	Volume
36.5¢	37.0¢	36.0¢	$9.999K	27.27K

Buyers (Bids)

No.	Vol.	Price($)
2	72987	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.0¢	24436	4

View Market Depth

No.	Vol.	Price($)
2	72987	0.360
3	34543	0.355
1	50000	0.350
1	20529	0.340
2	32350	0.335

Price($)	Vol.	No.
0.370	24436	4
0.375	10000	1
0.380	20740	4
0.390	20769	5
0.400	75188	5

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last 37.0¢			Change 0.000 ( 2.78 %)
Open	High		Low	Volume
37.0¢	37.0¢		37.0¢	1819
Last updated 11.12am 05/06/2024 ?

RZI (ASX) Chart

SPONSORED BY