"Revenue has gone up (Only in lending and where it matters SaaS revenue its gone down"
This^^
The SaaS product is gaining no traction.... and it was meant to be the money printer.
Along with the silence on metrics such as ARPU and sign-ons, it is a clear signal that the talk was way better than the walk.
If this product was "cutting edge", and had "potential" to make billions, SPX would have been taken out by now - the registry is loose enough, and there is BIG cash in tech waiting to pounce on the right thing.
Do you think a company like Xero would let a small fry like SPX use add-ons to it's system to generate more revenue than itself? Never in a million years. Xero could swallow SPX as a snack..... if it didn't taste so bad.
It's just the beginning for Spenda!, page-824
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