MYD 0.00% $1.05 mydeal.com.au limited

My Deal FY21 Sales Forecast

  1. 106 Posts.
    lightbulb Created with Sketch. 23
    Starting this thread as a forecast for the FY21 Sales.
    I see the sales and NTV margin as the biggest driver of FCF for the business.

    My estimate is:
    Gross Sales = $276m
    -They had $126.7m H1 FY21
    - I'm adding 6 months in F2 FY21 at $25m a month.
    - Basis is Nov-20 was $30m, Dec-20 was $21.7m. As such a halfway point assumed for the next 6 months seems reasonable.

    Private Sales = 15.5m
    - They had $1.2m in Nov-20.
    - This is growing at 71% MOM, albeit from a very low base;
    - I've assumed a 20% MOM growth rate to the end of FY21.

    Interested if anyone has broker reports which have FY21 guidance for these items.

    On a side note see below Google trend data, both weekly and monthly for My Deal.
    Week of 5 November was the peak and everything is measured against that (way google trends works)
    Things seem to be trending up in early Feb, hopefully a sign of continued pace of customer and sales growth.

    As always DYOR.

    https://hotcopper.com.au/data/attachments/2897/2897803-0184f2d75945e50e26906d8dbfa9ec0b.jpg
 
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