It's in the 2023 preliminary final report & all the annual...

It's in the 2023 preliminary final report & all the annual reports.

It's not only tech staff for system maintenance/updates, but also R&D staff for any possible new products or efficiency gains developed to streamline the product. It could be the same people.

I imagine there are also staff in...

Marketing.
Sales/customer service. Someone has to chase new clients & keep the current ones happy. There also needs to be a "point of call" for W2V clientele.
Tax specialists. The tax laws are constantly changing in all jurisdictions. So, staff would be needed to monitor tax laws & update the W2V platform accordingly.
General admin/office staff, the HR department or secretarial positions.
Compliance staff.
Advisors (legal, technical, financial or investor)
Cleaners.
Security.

Not to mention the BOD & management themselves, pulling a wage.

I imagine the vast majority of staff are in sales, but it would change YoY depending on the demands of the business.

It all adds up.

There's only one place where there could be a significant reduction of staff & that's the clients of W2V who don't need their tax department anymore. Their staff levels could be reduced & that's the appeal of the tech. W2V employees will stay the same or slowly grow as the business expands.

You & I have had this conversation serval times over the years.

Anyway, I really don't understand everyone's fixation on staff costs, there are many speccy tech companies years away from a marketable product & the cash burn is two or three times bigger than W2V.

Below is just one example.



Below is W2V.



W2V has a functioning, marketable product with paying customers. Employee reduction is not what's needed to remedy the situation, it's more paying clients!! W2V has to grow its customer base & it takes time to grow a customer base. Maccas & KFC started with one store and now there's one on every corner in every continent, that didn't happen overnight.