The revenue growth is encouraging though, ultimately dealers wouldn't pay for it if they didn't see value in it but your listing stats above are a reminder to watch this carefully.
Would be interesting to see the benefits on being a vehicle website v being a general website. A general website has obvious benefits like higher overall traffic and better brand awareness, people switching between categories when browsing etc.
However I expect that if ICQ are spending all their time talking to dealers, thinking about how to best organize vehicle listings etc they might be a bit more dynamic than a general website who doesn't have a particular focus of cars. Also would be interesting to know how well maintained these general websites car listings are, i.e. are there lots of out of date listings.
Looking forward to the quarterly cashflows...
I disagree with iCar Asaia. iCar ain’t the market leader anywhere, page-4
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