May Al-Kharouni
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, exactly.
I see.
Because we measure...
the number of products per listing more than the listing volume, if that makes sense.
Because for us, one listing can be like a thousand chairs or something like that.
Yeah, exactly.
Yeah, pretty much.
That's right.
Yeah.
So 98% of the stuff does go.
straight away the only thing that is more difficult to go is usually broken electricals and that's an industry problem because most people recycle them so what happens is it's the client that lists usually the enterprise will have to dispose of it in their normal way so that's usually incineration recycling or dumpster i see interesting okay so you've been really capital efficient doing this you have you know if you add up all the funding you've raised you're at like two or three x that a total amount of revenue which is great so very capital efficient um are you profitable today
We are almost breaking even, obviously, because we've got less people now.
So yeah, definitely in the next month or two, we will be.
Yeah, I think we'll do another, like what we class as, I suppose it's a small series A for you guys.
It's like a five mil round.
So we'll probably do that this year.
Probably the previous one was about 4.1 million.
So
I'm not, I'm not like a crazy kind of overvaluer for this stage, especially in the UK market.
It's very different from the US.