"Key Points
Q3 2019 Total Transaction Value (TTV) equaled approximately US$185 million, more than a 3X increase over Q3 2018 Total Transaction Value of approximately US$53 million.
2019 TTV through Q3 equaled approximately US$329 million; on track to surpass the CY 2019 goal of US$400 million in TTV.
The key platform metrics remained strong in Q3 2019:
oMove retention rate (achieved via retaining real estate partners) remained
above 99%oMaintained the industry’s leading position for national market penetration of
all US household movesoUserconversionrateremainedintherangeof45%,amongthehighestacross
all tech platformsoContinuedoptimizationofthepurchaseratefortheTV/Internetfeature,which
again reached all-time highs in Q3•The Company has signed terms sheets for a financing round and proposed
acquisition, both of which the Board expects to complete prior to year-end.