pretty bland quarterly.good to see receipts going up but this is...

pretty bland quarterly.
good to see receipts going up but this is expected with the delayed receival of payments after all the onboarding.

that in itself wont move the valuation of the company.

the afsl will be a milestone... and then if that opens up the doors to a bunch of australian customers that will result in a valuation uptick.

and ofcourse being cash profitable will be good in a market thats punishing the cash burners.

looks like.. we will need to wait till december for the afsl announcement.

and we are yet to receive the 1million for mastercard.

this company has sticky customers, a strong moat and steadily increasing revenue which in about another two steps will result in big percentage jumps in profitability.

the other thing is that cca has always delivered on its timeline promises... so with patience, this should go up 3-5x from here.