i had a look at the fundamentals & calculated that it's costing about $120 to acquire each new customer, & to reach breakeven on that spend, let alone see an ROI, is +2 years because margins are so bad:
https://hotcopper.com.au/threads/ann-quarterly-activities-report-and-appendix-4c.6533072/page-61?post_id=58963137 - am i wrong?
then there's millions in overheads that still need to be covered, how? i don't think either of the new HK market nor piggybacking off BTC Markets for crypto is the answer.
i don't see a pathway to profitability, currently.
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