Q1FY25 is meant to be a weak quarter yet the revenue has come in...

Q1FY25 is meant to be a weak quarter yet the revenue has come in at $5.6M. It is hard to imagine revenue of QFE for the entire FY2022 was less than $5.6M. Please DYOR.

1. Turning profitable by Jan 25 --> EBTA Profitable quarter in Q4 FY24. Q1 is a weakest quarter but Q2 is expected to be good quarter. Management has confirmed the guidance.
2. Launch partnership with Knuula ( pay now volumes in US should increase after 3 months of its launch. ✅
3. Launch of integration with Thomson Reuters ✅
4. Launch of new website ✅
5. Launch of client portal ✅
6. Partnership announcement for co-branded payment solution by Dec 24. --> Dont think this is happening. No commentary yet from management.
7. Launch into Canada by March 25. --> Dont think this is happening. No commentary yet from management.
8. 40% + revenue growth in revenue in 2H FY24 and 1H FY25 --> ✅ in 2HFY24. Q1 growth has been at 33%.
9. Expenses should remain stable or grow slower than 20% --> ✅ in Q4FY24. Expenses have remained steady and have not grown.
10. No change in top level management team in US ( Kathleen , Chris, Jennifer , Rafael , Shari , James and Dave).
11. Announce strategic alliance tie up ( similar to BDO , IRIS etc)
12. New payment method ✅ ( direct to bank launched on March 30th 2024)
13. One LinkedIn post every month from May 2024 to June 2025 ( with more like and comments ) --> New marketing head for QFE seems more activie on LInkedIn.
14. QFE Connect subscription model ✅
15. New payment portal - Q2FY25
16. New connect integration in Q2FY5.


Some historical data and the numbers might not be accurate.