SWF selfwealth limited

Ann: Quarterly Activities Report and Appendix 4C, page-4

  1. 5,980 Posts.
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    What is more imporant , revenue or profit?

    Cash burn almost $2m in 3 months , $7m in 12 months.

    Positives

    Increaase margin on cash
    Increased subscriptions
    Crytpo trading launch imminent
    Improved platform

    Negatives
    Fall in revenue from lower trading volumnes.
    Heavy cash burn despite market share
    Hard to see when the company becomes profitable as the cost of doing business is greater than the income generated at $9.50 per trade
 
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