At real quick glance I'm seeing we got revenues of circa $1M between 1July and 12July. We received a further $1M revenues from 13July to 31July. Making $2M for July alone. The rate of revenue in July has slowed slightly (to be expected as most people with a simple tax return want it done asap as soon as July hits). But the fact its only marginally slowed and we still have 2 months left of higher than average tax return lodgments to come, those are some pretty great numbers. If we say that the average fee paid to 1CG is $130 that's over 15,000 returns aka Active Users (hopefully closer to 35,000-40,000 by the time Sept rolls around), that are now ready and waiting to receive cross promotional emails for other services offered. And right at a time where the mortgage cliff is looming and refinances are beginning to ramp up, for 1CG's mortgage brokerage offering. I like it.
More social media marketing please guys. Great product. Need the word out.
1CG Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
