It seems after a very long period of poor performance, we finally have 2 consecutive quarters of improving numbers on TTV and Lending. Hopefully this means the business has turned the corner and back to growth and onto a path of Breaking Even.
However, its not all great, the Net Loss and Operating Exp need a lot of work. How much marketing and other expenses are actually making a difference in this businsess, and if they arent they need to be cut out or strategy changed.
I hope business pessimism in the economy and a US recession pushes businesses to use QFE products/lending more.
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