Freetrade Investor Business Update

Thanks for all the feedback and for the views which we’ve taken on board. A more regular form of company update (like public companies typically produce as a trading update on the LSE, for example) isn’t something we’ve done previously.

That being said, it’s certainly something that could be valuable for all of our shareholders and we’re looking at how best to do this.

Leave this with me and I’ll speak to the team to get something simple and informative together as quickly as we can.

44 Likes

@acamp

Hey Alex - that’s now two weeks since your message above. Not looking for a super detailed / complex report. Just a 1-2 pager covering basic commercials for the last year (actuals against targets) and for the next 12/24 months (targets), what’s worked well, what can be improved and help needed from the crowd/investors. Literally something that should already be at hand and take 1-2 hours to finalise and share.

Can you have this issued this week at latest please?

Thanks :sunglasses:

18 Likes

Morning all -

We’ve had some discussions internally how we want to do this going forward. The plan is for us to release a semi-annual business update to crowdfunding investors (c. now and c. August each year). This will include some top level financials and business metrics.

Given the timing for this first one, we want to also include an update on the (very good) trading for January and February 2024. As February just closed last week, we’re in the process of finalising the numbers and will look to turn around a FY’23 update with Jan/Feb '24 in the coming week or two.

Best,
Alex

50 Likes

Thanks Alex !

People get excited around crowdfundings : a lot of information is shared and it’s always very welcomed. Then… it goes quiet for ages and it does seem like you’re only communicating when you’re hoping to get money from investors ! And that’s very frustrating !

So a change in communication policy is a great thing ! Just hoping the “coming week or two” is not another way of writting “soon ®:wink:

14 Likes

Lot’s of things on my plate, but this is one thing we’re keen to get out. I’m pushing it ahead!

18 Likes

I work for a series B, UK cyber company and we update investors monthly.

When and if you go public you will be updating at least quarterly, probably a good thing to embed into company culture as soon as possible if this is on the cards :pray:

25 Likes

Hi @acamp

How’s the business update coming along ?

Thanks

GC.

15 Likes

I think by the time we get update probably be 1st April

8 Likes

What is taking so long? It’s not as if there are lots of releases happening so what exactly is going on? Very frustrating

5 Likes

Q1 has been very lackluster I appreciate there must be a lot going in the background but there’s to much in the background for long time now

1 Like

If they’re sharing Feb then it’ll more likely be in a week or so… The results will need to be signed off as it’ll go to all investors.

2 Likes

Yes I think you are correct

Yes April 2025 or 2026

1 Like

Glad to see everyone are happy bunnies, just in time for Easter.

Have a great weekend everyone :slight_smile:

2 Likes

:mantelpiece_clock: :man_shrugging: :eyes:

4 weeks since the initial request and…….nothing.

Getting a little embarrassing now and actually a lack of respect to those that funded your dreams at day one. Please sort it out….

21 Likes

What sort of top line revenue growth are people thinking?

  • Flat
  • 0-10%
  • 10-20%
  • 20-30%
  • 30-40%
  • 40-50%
  • 50%+
0 voters
1 Like

Just replying so this goes top of new activity

7 Likes

@acamp. Please could you advise when we can expect an update. A one liner to advise would be acceptable.

Thanks

GC.

15 Likes

If we’re doing very well then just like this post … :+1:

:wink: :wink:

14 Likes

how this is starting to feel

11 Likes

I understand that your team must be incredibly busy at the office. However, it’s essential to allocate even a minimal amount of attention to this community and, more importantly, to your shareholders.

While you’re not obligated to provide updates as you’re not a public company, prioritizing the Freetrade base reflects positively on your company’s ethos. I’m sure you have access to financial data in your presentations, so dedicating just an hour of your time to share updates would be greatly appreciated.

13 Likes