Just keeps getting worse.
$281k revenue with $115k marketing spend.
No mention of additional revenue from other services not related to tax returns.
The brand and product has not taken off at all. A neighbourhood accounting firm has higher revenue then 1CG. I really cannot see how 1CG is going to turn a net profit in this space.
CR will be early August after some fluffed up user numbers from the July tax run. I hope they disclose how many tax return client they retain for 2024 FY. If not run for the hills !
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4
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Last
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Change
0.001(11.1%) |
Mkt cap ! $6.882M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $64.62K | 6.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3591505 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 380406 | 1 |
View Market Depth
| Last trade - 15.59pm 13/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 1169441 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| 1CG (ASX) Chart |