NOR 2.08% 4.7¢ norwood systems limited

Not really that grim. The wrong assumption on the WP calcs is to...

  1. 767 Posts.
    Not really that grim. The wrong assumption on the WP calcs is to spread current revenue across the 4m downloads, implying the ratio of revenue to downloads is pretty low. But I think all that revenue is from less than 5% of the downloads. Some more comments:

    - future downloads will be more targeted to high value corridors

    - targeting high value corridors will be higher margin with global dynamic pricing

    - we know customer retention from world credit is pretty good, so definitely future downloads will be stickier

    WP can work. I should be the bread and butter to cover costs.
 
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