A fair way to go for that type of profit yet lol. They are cash...

  1. 46,202 Posts.
    lightbulb Created with Sketch. 3
    A fair way to go for that type of profit yet lol. They are cash positive during the past two quarters as they changed their business model to pay access only. This has only been in place a few months so the impact wont be clear until a full year cycle has passed. Its a subscription business so it will be recurring revenue. Of course there are costs but for the past two quarters since the introduction of the new business model they are cashflow positive, that is after allowing for all costs. These start up costs should diminish. In a years time as they add new customers to their subscription register, the profit might just be a very substantial one. Early days yet.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.