Thomas Senske's questions to MOND leadership • Q2 2024
Question
Inquired about the traction of AI products like ABI and the progress of the internal AI project, Infinity. Also asked about the drivers behind the pressure on Average Revenue Per Transaction (ARPT) and the outlook for its recovery.
Answer
ABI transactions are currently less than 2% of the business but provide valuable data for model training. The Infinity project is being deployed across internal operations to improve efficiency and has already helped reduce marketing expenses. The pressure on ARPT is primarily due to expansion into lower-priced international markets, rather than consumer weakness, and it is expected to stabilize and begin recovering into 2025. The company believes market softness is advantageous for its model, a dynamic it can now capitalize on post-refinancing.