Performance‑based IGaming Marketing ModelB90’s performance‑based affiliate and CPA/revenue‑share model aligns revenue with measurable customer acquisition and operator outcomes. That creates a low‑capex, scalable revenue engine tied to player activity, supporting predictable unit economics if conversion and retention remain stable.
Very Low Leverage / Zero Reported DebtZero reported debt in 2023–24 reduces solvency and refinancing risk, giving management balance‑sheet flexibility to fund marketing or absorb volatility. For a cash‑burning growth business, low leverage preserves optionality and limits fixed financing costs over the medium term.
Marked Reduction In Operating Cash BurnA large reduction in operating cash burn signals improving cost structure and progress toward cash break‑even. Sustained lower burn materially extends runway, reduces dependency on external financing and supports capacity to invest in customer acquisition or product improvements over the next several quarters.