These things take a lot of time.
All we need to see is the emergence of some degree of operating leverage at this stage- a stable fixed cost base with an increasing revenue.
An increase in organic traffic from 20% to 36% is enormous and a very meaningful really important metric which WILL translate to hard cash with a lag period. In my mind these are the most relevant details for this stage of the investment journey.
These things take a lot of time. All we need to see is the...
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