BFM 89.9

HIGHLIGHTS  GE15
Podcast  >  Morning Run  >  The Breakfast Grille  >  FDV: Fruitful Developing Ventures?

FDV: Fruitful Developing Ventures?

23-Jan-18 08:05

FDV: Fruitful Developing Ventures?

Frontier Digital Ventures (FDV) is focused on investing in online classifieds businesses that are in underdeveloped and emerging countries. Granted there is potential with the digitalisation of ads and growing internet/smartphone penetration… But, are they able to monetize this shift to online ads? While the company’s revenue is up year-on-year, net loss for FY2016 widened nearly 100% to $4.6 million Australian dollars (2015: $2.5 million). From the 13 platforms that it is in, all are making negative EBITDAs for 1H2017.

What is FDV's path to profitability looking like? The company expects some of its investments to turn profitable this year but it will not be enough to bring the group to the black ink in 2018.

Is FDV looking at M&A opportunities given that the company is sitting on cash of some AUD 16 million? (as at September 30, 2017)

Listen in.

Presented by: Joyce Goh


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  Catcha GroupDigitalOnline ClassifiedsDigital Advertising





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

8:00 AM

The Breakfast Grille

Azrul Mohd Khalib, CEO, Galen Centre for Health & Social Policy and Ben Youdan, Director at ASH New Zealand

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

The Property Show

10:05 AM

Open For Business

Adeline Tang, Freshable

11:05 AM

HerVantage

Kim May Chee, Founder and CEO, COCODry

12:00 PM

Enterprise Biz Bytes

1:00 PM

The Breakfast Grille Repeat

Azrul Mohd Khalib, CEO, Galen Centre for Health & Social Policy and Ben Youdan, Director at ASH New Zealand

2:05 PM

Live & Learn

3:05 PM

Earth Matters

Coral Reef Restoration - The Good, The Bad and The Ugly

4:05 PM

Health & Living

How Far Have We Come In Treating Coronary Artery Disease?

5:00 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Popcorn Culture - Review

The Little Mermaid

8:00 PM

Cruise Control

Daniel Fernandez, dsf.my | Ariff Roose | Richard Bradbury

10:00 PM

The Pulse