TTV is Total Transaction Value (gross bookings). Basically they...

TTV is Total Transaction Value (gross bookings). Basically they expect to be at breakeven at some point before they increased the TTV 4x. Based on the current growth rates this looks to be sometime in 2020.

I should comment that this was a great 4C and very encouraging. They look to have enough cash to get to the end of the year without having to raise and they can then draw on the final $1 million in the current CN which should get them to breakeven. While you can never rule out a CR the risk of one has gone from near certain, to just possible.

What I would really like to know more about is how the partnership deals like they have with the NRMA are going and if there more in the works. This is going to be the growth engine of the business going forward.