LU7 6.67% 1.4¢ lithium universe limited

I think, while the revenue is nothing substantial, that the...

  1. 25 Posts.
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    I think, while the revenue is nothing substantial, that the quarterly does provide insight into how the company as been positioning itself and the way its changed its revenue generating process. Rather than charging the gamer its pivoted to using a subscription process (via the bronze, silver and gold tiers) to charge the brands for the software. As they said revenue for the quarter was 99.5% from brands where previously it was 59% consumer and 41% brands.

    I'm excited to see what they have to come in may as they have stated that they plan to update the market on deals in the month of May which should give us a good idea on the progress they have been able to make. Consider that we still have the App to be fully released and functional as well they are at least making some good steps towards further revenue generation. Hopefully only further good news here for shareholders!
    Last edited by JLN16: 30/04/21
 
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