ALY-Is it a Mirage: Part ThreeIn previous posts, the theory of ALY being a ‘mirage’ was conceptualized. Is it unreasonable that a ‘mirage’ hypothesis could not be a consideration given that the operating results of AnalytixInsight are abhorrent? As an investor, do operating results not benchmark and prove out that one’s decision to invest in a business was a good decision and that it is managed by a competent CEO and Board of Directors? Look at AnalytixInsight!
Year Revenue$$. Expenses$$.
Profit/Loss$$ 2016. 1,075,349.00 (1,657,005.00)
(1,263,598.00) 2017. 4,516,759.00. (3,405,150.00)
(1,365,288.00) 2018. 4,837,809.00. (3,752,322.00)
(2,239,069.00) 2019. 3,672,715.00. (2,869,466.00)
(2,367,027.00) 2020. 3,178,767.00. (2,767,067.00)
(2,404,961.00) 2021. 3,001,326.00. (2,349,533.00)
(3,272,591.00) 2022. 1,672,185.00. (1,646,711.00)
(4,049,175.00) And the pinnacle achievement, “AnalytixInsight’s revenue for the three and nine-month periods ended September 30, 2023, was $93,932 and $457,730,” (.
https://www.analytixinsight.com/news/analytixinsight-reports-third-quarter-2023-financial-results-and-marketwall-record-profitability )
As an investor, I have been party to the grandeur, the optimism and ensuing rhetoric including. ‘ The business is growing, doing really well’; ‘Our AI Platform is disruptive and is a cutting-edge leader’; ‘You should buy more stock as the business is doing really well’ ‘InvestoPro has thousands and thousands of users and is growing exponentially’ and of course, the ever-elusive IPO of Marketwall that’s been forefront in press releases SINCE 2018! ( Good luck seeing that occur anytime soon). How is the ‘mirage’ theory playing out so far?
Also in previous posts, ‘Active User Count’ within InvestoPro has been presented as the primary indicator for performance rather than ‘Assets Under Management’ (“AUM”). It’s the defining moment, the ‘ascension to the summit’ benchmark arising from all the rhetoric and noise that has been written about, texted, emailed and generally ‘babbled’ outwards to the public or in the shadows. Is there anyone that is not pining to know the amount of onboarded users contributed from Intesa Sanpaolo, Samsung and the host of others purported to be significant and important Marketwall stakeholders? Yes indeed, the architects of Marketwall’s success, displayed constantly within AnalytixInsight’s Press Releases! Yet, how have ALY shareholders benefited?
Until yet another defining moment occurs as in a release of active user count from an authorized source, let’s blast another theory out there.
Last reported number in Nov 2023: InvestoPro has shown growth in its assets under management to EUR 83 million. (.
https://www.analytixinsight.com/news/analytixinsight-reports-third-quarter-2023-financial-results-and-marketwall-record-profitability )
· If it is assumed that each AUM per user is 150k that comes up to 553 users.
· Add a buffer to that and trend the AUM accounts per user downwards, that could depict a range of anywhere between 399-999 users.
How is the ‘Mirage’ theory playing out now? It’s also reasonable that a reader may think my assumptions are wildly inaccurate? Please, don’t believe it! Call the individuals who possess the authorities to answer your questions, namely Board Chair Vince Kadar and Interim CEO Natalie Hirsch who are debunking everything ALY. Remember, who fed the world with EVERYTHING that when compartmentalized, is conclusively looking like the ‘mirage’ theory is more accurate than not.