Christian Geissendoerfer

The white label.

It's a white label, yes.

we make the money together on the arbitrage.

It's, it's a profit share model.

So that's the other way we put it around.

So it's not just a commission game.

Um, we were transparent on costs on both sides and, uh, have agreed on, on profit sharing.

It can vary.

Um,

It can start at 16%, 17%, but can be going higher to 25%, 30%.

That depends really on the country, but we're in the middle, I would say.

At this stage, I'm putting all back in the company.

So it's all about now.

I mean, the company is cash flow positive and it's all about building that further up.

We've also, I mentioned earlier, chosen Vietnam as a place for our operational base, which is not only like an outsourced software development game, but it's really our ops team marketing.

Some of the sales staff is here and yeah, it's lower cost.

But it's also a mixed team.

So it's, of course, some Vietnamese guys and girls, but some international folks from Australia, from the UK, from Germany.

So we really leverage, and in this case for us, Saigon or Ho Chi Minh City as an exciting place as well to live and to be at, as much as, of course, Singapore as the logistics base, the operational base, sorry, the logistic and financial base for the company, for the customers.

no my i would say financially i have put all in in that company um now i didn't have an exit before it's my first so to say bigger venture um from that point of view um i was lucky enough to get out of corporate life as a um not that big package but also as a good question because uh