Ann: QuickFee announces H1 FY21 results, page-7

There are actually a lot of positives, and it is expected that losses will be incurred during the initial growth phase. The main thing is that revenues and gross profit margins are both increasing. Expenditure incurred in their US expansion will be primarily responsible for the loss and should really be ignored for both medium and long term investments.

Additionally, there is now plenty of cash on hand to allow for continued growth - we just need to give it time.

This will be an accumulation phase for Instos now, so sit tight and don't sell (not advice of course).