Freetrade Investor Business Update

Q1 reports/figures are are rarely released within the first week of Q2.

I wouldn’t expect anything for another week and that’s perfectly normal.

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Any delay to include another ‘good month’ and to round off the whole quarter has to be good news.

I get that these financial results are particularly important considering the stage of the cycle. It’s so much more important that these are good versus the timing of when we receive them.

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I remember the new teased feature “coming out your phones in Q1 2024”. It’s frustrating to miss yet another deadline.

I expect to see that commented on by freetrade in the update “soon”

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I’m still surprised they didn’t release one feature in Q1 it’s bad enough the Christmas list was incomplete and keeping everyone in the dark so so long even the half built web app was put on hold so long ago they could have finished it by now at the moment my confidence in Freetrade it all time low.

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I don’t ’t believe anything they say anymore there all hype now to keep us staying on there platform, took them years to do a function website still surprise me everything they do take ages like they have interns in the software development who are still learning, all year no features and Christmas it’s still half bake I know they where building there own fx system but that doesn’t take all there development team focus away

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Sounds like they need to setup some ‘Start and Finish’ Task Groups with the emphasis on the finish to get their promised features out. Alongside quality assurance monitoring to prevent drift.

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Hi @acamp

It’s nearing 8 weeks since my first posting about a business update. Appreciate things are busy at Freetrade HQ but are we close to receiving an update?

Thanks

GC.

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b72dd05180817700dd6d7558ca653138

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Wow this really is a terrible look for FT.

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They’ve been spotted at HSBC’s Global Investment Summit this week, so they can include an update on this too :eyes:

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Maybe there is big news brewing that it wouldn’t make sense to release the update yet then drop the news after. Having seen something similar with m&a transactions for private conpanies in my time on both sides (just my opinion) :thinking:

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Are you now in charge of sending out the business update ? When will it be sent out ?

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Something must be up, I know :freetrade: have been worn out some peoples patience but the longer this goes on the longer I feel there must be a reason for the silence.

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Hi NeilB

This was the type of behaviour that occured when they mentioned they would share a video of the investors meet-up , I think it was last year. It was never forthcoming despite repeated requests. Eventually Freetrade stopped responding to requests for it.

Now I see the same behaviour for the Business Update , continued deflection. It’s wearing my patience thin to be honest. More so being an early investor.

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The bottom? Are we looking at the same markets?

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Noone said hitting new highs, but certainly not the bottom imo

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Agreed that there is more to this than meets the eye


If there isn’t I would be extremely disappointed in the comms.

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No?

I just said it’s not the bottom.

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Maybe they are selling to Monzo.
Monzojust raised £400m for M&A. It’s a great fit.

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