Hi,
I have categorically said that the company has a communication issue, which needs to be rectified. I expect an operational update in this upcoming 4c.
The pricing and contract "pay as you go" has always been known since prospectus (GSW listed in Dec 2016). The clients then were all SME's, which matches transaction levels. They lowballed their growth rates in the prospectus.
It seems to me they have only lost The Fruit Box. All other contracts are in place, with Fantastic Furniture in a state of ambivalence. They have confirmed in the ASX response there are no other contracts announced to the market that have been lost. If the AFR could have thrown doubt on Yum, Amazon (which the ASX has seen this contract) and NA Williams - the big EA agreements - believe me, we wont be talking about The Fruit Box now.
I agree - reporting should now include churn and burn rate.
A lot of us have seen downloads of their software in the US, UK, Singapore, SE Asia, Mexico, France etc. Some movements suggest enterprise adoption. They have said a quantum leap in growth in 2018.
It comes down to this: Do you believe in the product? Do you believe that the above major clients need a solution to their last mile?
https://seekingalpha.com/article/4108707-pivotal-announcement-steepens-trajectory-getswift
