1 00:00:05,200 --> 00:00:07,840 Speaker 1: This is what the Flux. I'm Brett and I'm Justin 2 00:00:07,920 --> 00:00:08,880 Speaker 1: and it's Friday eighty eighth. 3 00:00:08,880 --> 00:00:11,840 Speaker 2: The bog Juzzy Boy electric vehicles Maybe all the rage, 4 00:00:11,960 --> 00:00:14,800 Speaker 2: but range anxiety is still a big fear for some 5 00:00:14,880 --> 00:00:17,320 Speaker 2: buyers and this news isn't going to help. The Australian 6 00:00:17,360 --> 00:00:20,680 Speaker 2: Automobile Association did independent testing on a number of EV 7 00:00:20,840 --> 00:00:24,000 Speaker 2: models to see if their advertised range was accurate. On 8 00:00:24,160 --> 00:00:27,480 Speaker 2: they found that five popular evs like BYD and Teslav 9 00:00:27,640 --> 00:00:31,120 Speaker 2: all fell below their advertised rail, some up to twenty 10 00:00:31,160 --> 00:00:32,000 Speaker 2: three percent. 11 00:00:31,800 --> 00:00:35,120 Speaker 1: Less range anxiety through the room through the How often 12 00:00:35,159 --> 00:00:37,519 Speaker 1: do you check all the subscriptions that you pay for 13 00:00:37,680 --> 00:00:40,480 Speaker 1: every single month? For most people, they check it once 14 00:00:40,520 --> 00:00:43,240 Speaker 1: every year, maybe twice a year. In the Flux app, 15 00:00:43,280 --> 00:00:45,479 Speaker 1: when you connect your bank account, in under thirty seconds, 16 00:00:45,479 --> 00:00:47,920 Speaker 1: we identify all of the subscriptions that come out every 17 00:00:47,920 --> 00:00:50,239 Speaker 1: single month and show you how much you're spending. It 18 00:00:50,320 --> 00:00:52,919 Speaker 1: is the quickest way to find subscriptions and cancel them 19 00:00:52,960 --> 00:00:55,000 Speaker 1: to save you money every single month. Make sure to 20 00:00:55,040 --> 00:00:57,600 Speaker 1: download the Flux app and check out the subscription tracker. 21 00:00:57,720 --> 00:01:00,800 Speaker 2: Three delightful stories today, Juzzy Boy, Let's do it for 22 00:01:00,840 --> 00:01:04,399 Speaker 2: our first Aria Group just announced juicy profit and a 23 00:01:04,440 --> 00:01:08,280 Speaker 2: bigger dividend as a parting gift from its retiring CEO. 24 00:01:08,520 --> 00:01:11,000 Speaker 1: Nowhing says, thanks for the memories like a fat dividend, 25 00:01:11,080 --> 00:01:12,760 Speaker 1: b Man. So what's going on here? So? 26 00:01:12,880 --> 00:01:16,200 Speaker 2: Aria Group is the asxisted company behind Real Estate dot 27 00:01:16,240 --> 00:01:17,000 Speaker 2: Com dot a U. 28 00:01:16,959 --> 00:01:19,679 Speaker 1: Aka Australia's most visited property listing site. 29 00:01:19,760 --> 00:01:23,000 Speaker 2: They also own Realcommercial dot com dot a U, Flatmates, 30 00:01:23,120 --> 00:01:26,840 Speaker 2: Mortgage Choice, and Aria Group keeps re cementing its top 31 00:01:26,840 --> 00:01:28,200 Speaker 2: spot in the Australian market. 32 00:01:28,240 --> 00:01:31,120 Speaker 1: Get this. In FO twenty five, Aria's net profit jumped 33 00:01:31,160 --> 00:01:33,960 Speaker 1: twenty three percent to five hundred and sixty four mil. 34 00:01:33,880 --> 00:01:37,000 Speaker 2: And they increased their four year dividend by thirty one percent. 35 00:01:37,120 --> 00:01:39,720 Speaker 1: And why the big sudden gift of dividend from the 36 00:01:39,720 --> 00:01:40,479 Speaker 1: departing CEO. 37 00:01:40,600 --> 00:01:42,800 Speaker 2: Well, a big part of that profit spike came from 38 00:01:42,840 --> 00:01:45,560 Speaker 2: selling off its steak in Property Guru. 39 00:01:45,360 --> 00:01:47,639 Speaker 1: And it flex with a lazy four hundred and thirty 40 00:01:47,640 --> 00:01:49,360 Speaker 1: mil in cash on its balance. 41 00:01:49,080 --> 00:01:51,480 Speaker 2: Sheet because not only did profits jump, but it also 42 00:01:51,520 --> 00:01:54,440 Speaker 2: extended its market dominance over Domain and b Man. 43 00:01:54,480 --> 00:01:57,800 Speaker 1: After these announcements, Aria share price jump more than eight percent. 44 00:01:57,640 --> 00:01:59,560 Speaker 2: Or two and a half billion bucks added to its 45 00:01:59,560 --> 00:02:00,120 Speaker 2: market cacare. 46 00:02:00,120 --> 00:02:02,840 Speaker 1: The equivalent of about four free standing houses Sydney. 47 00:02:03,000 --> 00:02:05,680 Speaker 2: And the share price jump is largely because aria groups 48 00:02:05,760 --> 00:02:08,480 Speaker 2: network effects keep growing and growing. So what's the key 49 00:02:08,560 --> 00:02:09,080 Speaker 2: learning here? 50 00:02:09,120 --> 00:02:11,560 Speaker 1: A network effect is when a product or service becomes 51 00:02:11,560 --> 00:02:13,680 Speaker 1: more valuable as more people use. 52 00:02:13,560 --> 00:02:16,080 Speaker 2: It, and that's exactly what's going on with Aria Group. 53 00:02:16,160 --> 00:02:18,280 Speaker 1: Get this, b Man. Aria has an average of twelve 54 00:02:18,320 --> 00:02:20,080 Speaker 1: point one million monthly users. 55 00:02:20,080 --> 00:02:23,239 Speaker 2: Compare that to domains five point four million monthly users. 56 00:02:23,480 --> 00:02:26,440 Speaker 1: So, b Man, the more prospective home buyers scroll through Aria, 57 00:02:26,600 --> 00:02:28,400 Speaker 1: the more agents have to list. 58 00:02:28,160 --> 00:02:30,160 Speaker 2: On it, And the more that agents list on Aria, 59 00:02:30,360 --> 00:02:33,400 Speaker 2: the more buyers scroll, and so the cycle continues. And 60 00:02:33,480 --> 00:02:36,640 Speaker 2: juzzy boy, it's this flywheel effect that makes ARIA so 61 00:02:36,880 --> 00:02:37,720 Speaker 2: hard to compete with. 62 00:02:37,840 --> 00:02:40,360 Speaker 1: Yeah, and that dominance gives ARIA the confidence to lift 63 00:02:40,400 --> 00:02:41,000 Speaker 1: prices a. 64 00:02:40,960 --> 00:02:43,720 Speaker 2: Year after year, because when you're the gatekeeper to the 65 00:02:43,760 --> 00:02:46,440 Speaker 2: great Australian dream, you can charge whatever you like. 66 00:02:47,000 --> 00:02:50,160 Speaker 1: For our second story, the asex is recent human error 67 00:02:50,160 --> 00:02:53,160 Speaker 1: has seen four hundred million dollars in value wiped from 68 00:02:53,240 --> 00:02:54,800 Speaker 1: TPG telecom shares. 69 00:02:54,960 --> 00:02:57,560 Speaker 2: Not quite a typo, you can control, z z boy. 70 00:02:57,639 --> 00:02:58,239 Speaker 2: What's the story. 71 00:02:58,280 --> 00:03:01,400 Speaker 1: Okay, So the ax which is This insecurities exchange was 72 00:03:01,400 --> 00:03:04,520 Speaker 1: founded in nineteen eighty seven and is the eleventh largest 73 00:03:04,520 --> 00:03:06,200 Speaker 1: stock exchange in the world. 74 00:03:06,000 --> 00:03:09,799 Speaker 2: Behind exchanges like the NASDAQ, London Stock Exchange and Shanghai 75 00:03:09,840 --> 00:03:10,560 Speaker 2: Stock Exchange. 76 00:03:10,560 --> 00:03:12,840 Speaker 1: But a man, well, it's a stock exchange, it's also 77 00:03:12,919 --> 00:03:16,240 Speaker 1: a public company that's listed on its very own exchange. 78 00:03:16,400 --> 00:03:19,440 Speaker 1: Very meta indeed, and be man Like all stock exchanges, 79 00:03:19,480 --> 00:03:23,320 Speaker 1: the ASEX has a responsibility to facilitate reliable trading of 80 00:03:23,400 --> 00:03:26,400 Speaker 1: listed shares, but recently, Juzzyboy, the ASEX had a bit 81 00:03:26,440 --> 00:03:29,400 Speaker 1: of a fumbling of the ball. Earlier this week, the 82 00:03:29,440 --> 00:03:33,080 Speaker 1: ASEX announced that TPG Telecom was buying an Australian software 83 00:03:33,080 --> 00:03:36,120 Speaker 1: provider called Infomedia over five hundred million dollars. 84 00:03:36,200 --> 00:03:38,080 Speaker 2: Tiny issue though it wasn't them. 85 00:03:37,920 --> 00:03:40,880 Speaker 1: Yep, it was actually TPG Capital Asia, which is a 86 00:03:40,920 --> 00:03:44,120 Speaker 1: totally separate private equity firm that made the acquisition. 87 00:03:44,240 --> 00:03:47,120 Speaker 2: It's like mixing up bonds the fixed income investment with 88 00:03:47,320 --> 00:03:51,240 Speaker 2: bonds the undies, and this caused the market to react 89 00:03:51,240 --> 00:03:52,360 Speaker 2: to this incorrect news. 90 00:03:52,440 --> 00:03:55,720 Speaker 1: Next minute, TPG Telecom shares tanked over four percent, wiping 91 00:03:55,760 --> 00:03:57,720 Speaker 1: four hundred mili of their company value. 92 00:03:57,760 --> 00:04:00,280 Speaker 2: When the ASEX finally stepped into action. They put a 93 00:04:00,320 --> 00:04:03,560 Speaker 2: temporary trading halt on TPG telecom shares. 94 00:04:03,280 --> 00:04:05,640 Speaker 1: And cancel trades made during the confusion. 95 00:04:05,640 --> 00:04:07,760 Speaker 2: But the damage was already done. So what is the 96 00:04:07,840 --> 00:04:08,520 Speaker 2: key learning here? 97 00:04:08,600 --> 00:04:11,920 Speaker 1: Price sensitive announcements can send a company share price skyrocketing 98 00:04:12,080 --> 00:04:13,280 Speaker 1: or crashing in minutes. 99 00:04:13,320 --> 00:04:15,600 Speaker 2: Yet one study found that seventy four percent of total 100 00:04:15,600 --> 00:04:18,799 Speaker 2: market reaction to price sensitive info happens within the first 101 00:04:18,880 --> 00:04:20,000 Speaker 2: hour of trading. 102 00:04:19,720 --> 00:04:21,839 Speaker 1: So accuracy and timing are critical. 103 00:04:22,080 --> 00:04:24,600 Speaker 2: These human errors can have huge consequences. 104 00:04:24,680 --> 00:04:27,760 Speaker 1: Yeah, when incorrect or incomplete information hits the market, even 105 00:04:27,800 --> 00:04:29,560 Speaker 1: for a short period of time and b Man, this 106 00:04:29,680 --> 00:04:32,719 Speaker 1: highlights the critical role that stock markets play in maintaining 107 00:04:32,760 --> 00:04:34,080 Speaker 1: trust in financial market. 108 00:04:34,120 --> 00:04:36,200 Speaker 2: When the operator gets it wrong, it doesn't just shake 109 00:04:36,279 --> 00:04:37,599 Speaker 2: confidence in the company affected. 110 00:04:37,720 --> 00:04:40,720 Speaker 1: Nope, it shakes confidence in the integrity of the whole market. 111 00:04:40,839 --> 00:04:44,960 Speaker 2: For our third and final story, Duo Lingos quarterly results 112 00:04:45,000 --> 00:04:49,200 Speaker 2: have smashed investor expectations as more globe trotters look to 113 00:04:49,279 --> 00:04:50,920 Speaker 2: learn a language and not quit. 114 00:04:51,440 --> 00:04:56,880 Speaker 1: Investors screaming moibn right now. B Man, Quantema Muss Dozi Boy. 115 00:04:57,040 --> 00:04:59,360 Speaker 2: Dual Lingo launched in twenty eleven as one of the 116 00:04:59,360 --> 00:05:01,000 Speaker 2: OG language learning apps. 117 00:05:01,040 --> 00:05:03,680 Speaker 1: The idea was that it could gamify the painful process 118 00:05:03,680 --> 00:05:05,840 Speaker 1: of learning grammar and slang in another language. 119 00:05:05,880 --> 00:05:08,280 Speaker 2: And it's fair to say that the duelingo owl named 120 00:05:08,360 --> 00:05:11,160 Speaker 2: Duo has become a bit of an Internet celebrity. 121 00:05:10,640 --> 00:05:13,880 Speaker 1: Part cheerleader, part mob boss, hunt you down if you 122 00:05:13,920 --> 00:05:14,800 Speaker 1: skip your French. 123 00:05:14,640 --> 00:05:18,200 Speaker 2: Less Clearly, Duo's gentle threats and low key bullying is 124 00:05:18,240 --> 00:05:21,000 Speaker 2: paying off. Due Lingo reported revenue of more than two 125 00:05:21,120 --> 00:05:23,400 Speaker 2: hundred and fifty two million US dollars for the quarter. 126 00:05:23,520 --> 00:05:25,520 Speaker 2: That was up forty one percent year on year and 127 00:05:25,680 --> 00:05:28,760 Speaker 2: well above analyst expectations. But if it wasn't enough, due 128 00:05:28,839 --> 00:05:31,039 Speaker 2: Lingo announced its biggest acquisition ever yep. 129 00:05:31,080 --> 00:05:33,800 Speaker 1: It bought a music game startup called next Beat as 130 00:05:33,839 --> 00:05:36,640 Speaker 1: part of its push to become an education super app. 131 00:05:36,680 --> 00:05:39,680 Speaker 2: Yep. Due Lingo doesn't want to stop at conjugating verbs. 132 00:05:39,720 --> 00:05:42,240 Speaker 2: He wants to teach you to roll out a full symphony. 133 00:05:42,720 --> 00:05:44,720 Speaker 2: So what is the key learning here? When you crack 134 00:05:44,800 --> 00:05:47,520 Speaker 2: how people learn, you can teach them almost anything. 135 00:05:47,560 --> 00:05:49,800 Speaker 1: Over the past fifteen years, due Lingo has built a 136 00:05:49,839 --> 00:05:52,440 Speaker 1: playbook to engage users in learning a language. 137 00:05:52,440 --> 00:05:56,120 Speaker 2: We're talking short lessons, streaks, rewards, and just the right 138 00:05:56,160 --> 00:05:58,680 Speaker 2: amount of guilt to keep people coming back and Josey boy, 139 00:05:58,720 --> 00:06:01,239 Speaker 2: there's no doubting that dueling go strategy is working. 140 00:06:01,320 --> 00:06:03,760 Speaker 1: Yeah, in the last quarter, it's daily active users jumped 141 00:06:03,880 --> 00:06:06,359 Speaker 1: forty percent to nearly forty eight million users. 142 00:06:06,400 --> 00:06:08,560 Speaker 2: And now they plan to take that same formula and 143 00:06:08,600 --> 00:06:10,880 Speaker 2: apply it beyond language learning. 144 00:06:10,640 --> 00:06:13,480 Speaker 1: Into maths, into music, into chess or whatever else can 145 00:06:13,520 --> 00:06:14,839 Speaker 1: be turned into a learning goal. 146 00:06:14,920 --> 00:06:17,960 Speaker 2: The upside is if someone signs up to learn Spanish 147 00:06:18,120 --> 00:06:21,599 Speaker 2: and ends up sticking around for piano, the lifetime value 148 00:06:21,640 --> 00:06:24,839 Speaker 2: of that individual user increases. All the costs to acquire 149 00:06:24,880 --> 00:06:28,279 Speaker 2: them in the first place stays the same Spotify, Netflix, 150 00:06:28,520 --> 00:06:30,960 Speaker 2: scan Ko, Binge, Microsoft. 151 00:06:30,960 --> 00:06:33,840 Speaker 1: The list of subscriptions never ever ends and flucks out 152 00:06:33,880 --> 00:06:36,400 Speaker 1: if you feel like there's a never ending amount of subscriptions, 153 00:06:36,400 --> 00:06:38,560 Speaker 1: if you're probably right and you're probably paying for them. 154 00:06:38,600 --> 00:06:41,159 Speaker 1: In the Flex app, our subscription tracker helps you identify 155 00:06:41,279 --> 00:06:43,120 Speaker 1: them so that you can cancel the ones so you're 156 00:06:43,160 --> 00:06:46,080 Speaker 1: not using anymore and say big bucks every single month. 157 00:06:46,200 --> 00:06:48,240 Speaker 1: Make sure to download the Flex app and check out 158 00:06:48,240 --> 00:06:49,200 Speaker 1: the subscription tracker. 159 00:06:49,320 --> 00:06:51,920 Speaker 2: Thanks for listening, and we'll see you on Monday.