My apologies It has come to my attention that at least one person on this forum has understood my valuation of ALY as a formal assessment.
It is not. I'm just some guy on some forum trying to help out. I used information provided by ALY through formal communication to calculate a valuation.
Now, of course, it is two years on and we have not hit thst mark. Disappointing to all for sure. It is obvious at this point but less so at the time, the number of Intesa Sanpaolo users should not be factored in to such an assessment because, as founders, they have a blanket contract rather than per user.
Always happy to have a conversation. It is too bad that no one posting at the time of my attempted valuation noticed this critical error.
As iron sharpens iron...