Consider Marketwall financial informationNot going to argue about anything in the previous post.
However, one should also consider MarketWall's financial information (yes, it will need to be assessed in the light of there is a new CFO for a reason).
In 2023, average revenue was ~2.3 per quarter (Q1-Q3).
Biggest chunk of that is from Intesa (~1.45M per quarter).
That means the other two institutions pay MarketWall ~730k a quarter.
On the InvesstoPro side, it is more difficult as it has only been functional for 4 quarters and the financials 2022 Q4 were obviosly not representative. Using information from 2023 Q3, if there are 1,000 users, then each user is worth 347/quarter or ~1,400/ year.
Again, it is difficult to assess how effective InvestoPro has been at on-boarding new customers because of non-existant/inconsistent reporting. However, it looks like InvestoPro will need to bring on ~250 new clients for it to turn profitable.
Yeah, that is a 25% increase, but also do-able considering it has only really been marketed for about 6 months.
Anyway, this makes me hopeful.