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18 months is a very broad average , not covering every scenario, but it’s a helpful place to start. Software is traditionally quite cheap to start out, but costs scale over time as feature sets and maintenance demands grow. On the other hand, hardware companies need a lot more up-front capital to cover setting up production.
CFAC operates a well-established business-to-consumer (B2C) platform that offers paid members access to a wide range of discounts from retailers across Australia. We are confident in our ability to scale CFAC, implement cost efficiencies, upgrade its technology and further strengthen its free cash flow." billion in 2023 to $5.79
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