RE: Trading update11 Jan 2019 09:32
to be fair i don't know what people expected here. on the admission doc Bids employ like 7 ish people in a small office suite. hardly the infrastructure of a £10mn company. I employ more people! their first bash at the industry failed and bids was born as a result. their main contract is for FM18 and FM19 which they share offices with the developers i recall? so probably got the contract over a few beers in the local boozer rather than the market seeking them out. also, despite the ramping on twitter etc by the seasoned rampers at 6p there has been zero evidence until now about the revenue stream. so how the twit ramp team were calling this to 10p without a single revenue figure is beyond me.another problem is the calculation of impressions. without counting clicks etc how do you prove your advertisement is working and prove growth? i have played FM19 and never even notice the ads.
There is definitely a model here and a huge growth market. its just the market has no idea how it will work, make money and profit. The rampers said different