PIL 5.88% 0.9¢ peppermint innovation limited

Hi Guys Here is a new thread called PIL Facts & Progress . You...

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    Hi Guys

    Here is a new thread  called PIL  Facts & Progress   .   You may want to reply or may not   
    I think  with so much going on  people need to assess real progress and real facts about exactly what PIL have done
    and particularly in the context of what they may have announced that they are going to do .

    I think there could be some meaningful discussion come out of this .

    Here   is a  fact/s   to discuss

    FACT -

    PIl's quarterly revenue  has fallen very significantly Quarter on Quarter  for the last 3 Quarters

    Sept 2020 - $720,000    ( c/w Sept  2019  $326,000 )

    Dec 2020 - $540,000 ( c/w Dec 2019  $843,00 )
    - So December  Qtr  was down approx  25%  from the previous quarter  

    Mar  2021 -  $397,000 ( c/w Mar  2020  $685,00 )
    -  So March  revenue was  down approx 26%  from the previous quarter  

    June 2012  -  $258,000 ( c/w June 2020 $329,000  Guesstimate )

    - So June revenue was  down approx 35% from the previous  Quarter

    Question ?

    IF agent numbers are reported as  50,000 odd  a much much higher
    number than a year previously  why isn't the revenue going up


    Revenue is trending down by some 25% quarter on quarter
 
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