RE:RE:RE:RE:RE:RE:Private Placement of what as nothing left😵💫😵💫You're right. Cummulative revenue ~9 mil euros. WOW!
Is there room for a SAAS based strategy in the trading platform space?
MW, through ALY, predicated its total existence on the narrative that Intesa Sanpaolo was using InvestoPro/subs as its trading platform. ~1000 users. Big value there.
To Investo, another joke. 761k users. What are the year over year active user onboarding numbers and the subsequent growth rate? (Be interesting to know the risk profiles of those users) "
Intesa Sanpaolo Mobile is a point of reference for over 12 million multi-channel customers, with almost two billion logins per year, 178 million transactional operations and supports purchases of products and services on the Group's digital channels, which represent over 40% of Banca dei Territori's total sales." Great performance MW/Investo! Gemina, the heralded partnership with Morningstar. 4 users...Another joke.
So, yes the ~9 mil is revenue and there is 'value' there but MW has done a horrible job driving the business. What might the valuation be for MW and ALY's equity therein? Risks? Intesa could make all of this disappear in a nano second likley being the sole customer with unparallel veto rights? How does ALY unlock any of that?? Will Intesa allow that to happen without a fight?