Post by
Viking2233 on Oct 12, 2023 4:27pm
2 Million Subscribers
2 Million subscribers yet they are not profitable. How do they get these subscribers, simple they advertise with Post Media but they dont actually pay for advertising they give them shares or warrants or both. Why because they have no money.
Now they love to quote their growing number of subscribers over the years with quoting in their financials and in news releases that thry have 500,000 now 1,000,000 then 2,000,000 but never seem to acknowledge how many paying subscribers they have or the average revenue generated per paying subscriber. The reason they dont is because it is very minimal.
Ask yourself how they can have 2 million subscribers yet not generate enough revenue to be cash flow positive.