With cashflow now sorted thanks to Grapple all we need now if for Swiftstatement sign-ups to be going well.
Even if they are only reaching half their goal (7500), assuming sign-ups are linear, Spenda should reach profitability sometime around midyear. Using ChatGPT it's predicting June quarter based off of the recent 4c. Assuming $90 per month to exclude GST.
If they're giving Capricorn some kind of rebate? To be conservative profitability should be reach either June or Sept quarter.
If by some miracle they're on track for 15,000 Swiftstatement users by end of September, and the uptake is linear, they should be very nearly profitable and be able to grow a lot more rapidly.
Spenda please give us an idea of Swiftstatement success in the March 4c due in a few weeks.
Warmest regards,
PD
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