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Ann: Quarterly Update and Appendix 4C - December 2019, page-2

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  1. 919 Posts.
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    An absolutely stunning achievement $3.341m cash receipts!

    I almost can't believe my eyes! biggrin.png

    +48% higher than the previous record set last quarter!
    +71% higher than the previous corresponding period

    Extrapolating from previous FRX releases, subscribers grew by 75k for the quarter, (using publicly available data I'd figured 50k, but perhaps my numbers don't include the Android Play store).

    A bit of a shame they weren't able to achieve positive cash flow, but they weren't too far off and given the levels of growth they perhaps can be forgiven. With almost $1.3m at bank, they should hopefully have enough runway for the foreseeable future

    At $0.035 (not counting $0.12 options) EV sits at $8.4m

    Now let's see if they actually trade!!
 
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