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Will be very interesting to see how this plays out.They should...

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Just_a_guy

5,420 Posts.

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28/11/19

22:35

Post #: 41696695
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Originally posted by skinsy11: ↑

"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.

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Will be very interesting to see how this plays out.

They should easily eclipse 400mil TTV based on Q4 being above Q2 as it was last year.
UPD Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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