Madison Aron's questions to MPLN leadership • Q3 2024
Question
Questioned the company's confidence in the stabilization of the revenue take rate after adjusting for onetime impacts, and sought details on the investment timeline and mix (OpEx vs. CapEx) for the Vision 2030 initiative.
Answer
Executives stated it's fair to say the revenue yield has stabilized at its current run rate. The Vision 2030 investments will be funded through significant cost efficiencies (targeting 10-20% of the cost base) and by reallocating existing stepped-up investments, so no material change to the overall cost position or margins is expected. A detailed 2025 plan will be provided later.