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Just keeps getting worse.$281k revenue with $115k marketing...

  1. 57 Posts.
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    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 !

 
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