Changes underway at FDV with a double resignation, after a year of discussing restructuring.

I'm not experienced enough to understand everything that is going on here, but it seems that the global collection of platforms at different stages of development has been complicated to manage. The most valuable asset is currently in LATAM which might do better by itself, but then the others are left as tiny startups with interesting long term potential.

Q2FY25

Just cash flow positive, but more product development than growth, still refining how to own the sales in Latam.

Jason Thoa, COO has taken a job a CEO job at Xamble to start in September, while Anthony Saines, independent, non-executive director has taken a job at Mobile.de in Germany to lead a department.

Does anyone have any observations about what this might mean? I've sold out of my (small) holding until I can see what's going on here, since Nathan Bell who has long been a torch bearer for FDV has toned down his enthusiasm remarkably.

This seems fine. Cash flow positive across all regions. EBITDA up 10% PCP.

As Shawn discussed in the last interview, there's some technology consolidation going on in the background which should pay off later.