merchant2000 what he trying to say in this comment is fact and...

merchant2000 what he trying to say in this comment is fact and correct

spenda is totally reliable on customer growth because we know there main revenue source is through payment channels and not much on saas sale.

what we are facing right now is economy has totally halved in terms of consumer spending

currently our main partner are in that sector housing and hospitality they both are hit hard.

generally winter season is low for housing marjet not much people buy or sell house and renovates. this housing sector picks up in spring check auction rate.

other thing is people still spend money but not on big tickets item and try to avoid major expenses.

one more thing to consider on capricon there is fast change in vehicle engines move from conventional diesel and petrol engines to hybrid, phev and ev those engines technology has significantly changed with less mechanical issue so mechanics have to upgrade them self from traditional mechanics to electrical mechanics. other thing here is brand new technology so used vehicle ratio would be less than new one as people have better options on purchase of new vehicles which comes with factory warranties.

interesting to see how capricon would do transition and will progress spenda.