Hey Quix, I've only read this comment on QFX from a Research company (on QFX web site) dated 4th Jan 2008.
" 2008 looking good
The projected breakeven point is 45,000 customers. Expectations are that this number will be reached in approximately 12 mths and if this is achieved then barring any setbacks QFX will become profitable. Subscriber numbers stand at 23,720 at the end of December 07 with year on year growth at 102%. Revenue is running at about $0.5m per month. QFX is focusing on being a content driven business with revenues being generated not only from monthly subscriptions but also from add on services, alliances (Big W) and online advertising. The focus for 2008 is on marketing and increasing QFX brand recognition/awareness. The strong month in December 08 for signups has built momentum is predicted to continue into the New Year."
After accounting for recent updates I'd appreciate your thoughts now on that comment.
Oscar.
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