quarterly results, page-67

Cheers QED... Ultimately, there's only 1 thing that will drive paying subscription numbers and thats content. I'm confident that the recent Capital Raising was to enable QFX to acquire new content and the cash was needed to meet forward content payments.

In regards to Revenue per user increasing.... I wish I knew! I think I used $15 in my previous forecasts (and I think I acknowledged that at the time as being bullish) so for them to hit $15.27 this Qtr is a huge result. Based on recent results, I'd definately expect it to continue. Even if it settled around 2.5% per quarter that would still get you close to 8% compounded growth for the full year. 5% per quarter gets you 16% for the full year!

8% of the current annual revenue of $20m is $1.6m and 16% is $3.2m in incremntal revenue per year. Not bad revenue growth from your existing customer base.

And remember, none of that growth is through increasing your prices. All through your customers wanting more of your product.