Interesting in that of the approx. 40,000 Raiz kids accounts, they are still free and are not included in the 308,000 active customer numbers as mentioned by B in the webinar.
When you consider the long term view of the "cradle to the grave" customer lifecycle and current growth rate of the Raiz kids accounts, these would "convert" to an active customer account when they reach x age, so we already have a good bunch of accounts/customer building up within the raiz eco-system.
IMO, this definitely adds weight should Razi be approached to be bought out in future, as Brendan did also mention there is the potential for consolidation of company's/products in the space.
Great webinar, great continued improvements across all areas and the annual results within the next 30 days should provide more guidance and some more answers.
RZI Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)