Unfortunately, I agree that cash burn is high.
But you either sit and stagnate, or you push further and grow. There is a massive opportunity right now to increase the customer volume in America. If we continue without spending, we do what sezzle do, and continue without the growth we're currently having with quadpay. I don't like the CR, but the other option is less palatable.
As Sebby said, if they can get certain costs down, then cash burn will be better. And potentially, a problem that they know is there, but something that is less a priority then trying to gain overall revenue. Obviously, easier said than done. But Larry said they were break even recent quarters in AU.
Broker Research, page-138
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.61 |
Change
0.030(1.90%) |
Mkt cap ! $1.808B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.57 | $24.95M | 15.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 61455 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 118285 | 9 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |