Quarterly update is going to be interesting, no update since June and no communication since the new CEO was appointed
I suspect they have taken a lot of costs out of the business but UV growth has slowed as they reduce marketing costs. Interesting part will be if they have been able to grow revenue. They need to expand the scope of their service offering IMO (they should follow Updater and offer other moving services and leverage their audience to generate revenue from other businesses such as insurance companies…not sure listing revenue is going to cut it).
They desperately need to demonstrate to the market that there is a path to sustainability
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