Every quarterly? A significant increase in subscribers and paying customers? Nothing more than wishful thinking and misleading to anyone reading this thread.
No one knows for any certainty the actual subscriber numbers as QFX doesn't disclose that number within it's reporting, instead choosing to use ambiguous paying customers number.
Here are the facts on what we do know in relation to QFX Paying Customers number and subscriber customer churn.
- Customer Churn has been increasing and last quarter was at it's highest rate of 8.5% a year on year increase of 35%
- Paying customers has not had significant increases every quarter. It has remained within 100,000 and 125,000 for over three years.
Financial results of their paying customers number.
- Revenue has remained flat per quarter on average over three years of just under 5m
- Last quarterly resulted in a net loss of almost 1m,
- Half year loss for FY15 reported DEC 14 was 8.5m that's a 57% increase on previous year.
Kat.
QFX Price at posting:
0.1¢ Sentiment: Sell Disclosure: Not Held
