Oh no.
$16k in receipts... you would have thought a lot more than that from the largest football competition in the world? That's among their other 'revenue streams'?
56 MILLION views of their FIFA World Cup competitions in China. Where is the revenue to reflect this guys!?
Less than a quarter left of funding.
Maybe the next quarter will be better? Aim Assist Analysis being charged at $20 per month - and only available on Apple currently - I am very interested to see how many subs they get. I think will be very difficult to retain anyone who does subscribe at that price point. I also wonder what they consider 'meaningful' revenue to be.
I think if they can obtain and retain no less than 1,000+ subscribers that will be a good start. They will need sheer volume as there is no other revenue (or tiny amounts) flowing in, in relation to expenditure. Good to see no claims of being cashflow positive by EOY this time around - it was quite bold the first time they announced that.
Also good to see revenue has improved from $3k for a quarter, albeit completely negligible in relation to the kind of statistics being reported, IMO. Hopefully they can keep improving on this.
Until the next 4C.
IMO, DYOR.
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