I may well continue to be the sole drummer boy for this problem child, but I just wanted to point out some FYI's from the Quarterly.
Cash loss was $635k in FYq2 25. Cost saving from Nov 24 on staff =40% for a full quarter that is apx $630k on cost of $1567k. ( i know, my maths is off...It should be 2/3 of that, but this is a back of a fag packet excercise) Call it a $400k saving.....
According to the info provided in the Qly, ACTIVATED customers are Hearst UK, Rakuten, Sonnant and Country and Town. A couple of those seem to be mentioned in both the "activated" and "negotiating " column. Regardless, there should be some net positive in there. With a "Major Australian TV Network", Goldbach, Bloomberg, FT etc in negotiations, they cant all be blind alley's surely?
What is opaque is what level of revenue can be expected from these relationships......
I have a pushbike, but I dont really ride it....
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