Focus - align IP.
The primary focus on acquiring Appstab was to align IP. This is worth a lot to CRO.
From the App stab acquisition ann - 26th April 2021.
● Cirralto will benefit from directly owning the IP of key proprietary software and intellectual property, including the core product, Spenda, both domestically and internationally.● The acquisition of Appstablishment removes licensing fees and duplicate overheads, and means Cirralto can offer its SaaS and payment services at a very competitive market rate.Control the whole value chain.
It is so important to CRO to control every part fo the value chain. Then they can set fees up and down in different areas.
In other words they can offer cheaper SaaS (from owning Appstab) will increasing finance fees.
This is why some cannot understand AF and Cro, because they think it is just a finance company, or just a payments company, or a software company. CRO is a finance/payments/software company. Because they work across the whole value chain, they can offer discounts in some places and increases in others areas and out-price any competitor.
Revenue; wrong thing to worry about.
I say this as a foundation to point out, to look for revenue is simply to be looking for something that is not at all important. Yes Cro paid Appstab 120k for the quarter ended 31 March 2021. So that won't be in there. Who knows, maybe the rest of the revenue was from SaaS platforms at $5 a month and they had a few thousands customers. that aint gonna be much. Dunno, but the point is - even with hardly any revenue, this wouldn't matter. It is the years and years of IP and code that was important to CRO.
DYOR and all that.
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $32.30M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $762 | 111.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1261764 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 17360474 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1283703 | 0.006 |
44 | 21976114 | 0.005 |
7 | 15100000 | 0.004 |
8 | 25200000 | 0.003 |
4 | 14500001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 17360474 | 24 |
0.008 | 5476738 | 27 |
0.009 | 11856538 | 18 |
0.010 | 1696840 | 12 |
0.011 | 527004 | 4 |
Last trade - 11.47am 26/06/2025 (20 minute delay) ? |
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