The difference between receipts from customers and cost of sales started to improve in this quarter. Still negative, but with control over pricing on IOS you can bet they'll be charging users more that it costs to deliver the call on each route...
That is not yet reflected in Qtrly as it only covers 12days of GDP.
Marketting spend came in way higher than I was expecting....
But I understand this was heavily skewed to the front of the quarter.
Anybody?
So while they are still chewing through money...
They will be doing so at a slower rate than before....
My pick is for a placement to sophis....
Soon.
The difference between receipts from customers and cost of sales...
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