Below are the staff costs, which can be compared to the number of Enterprise Clients, revenue, GTV & cash receipts. The graph excludes marketing costs & other associated expenses, so
it's not a true indicator of the complete cash burn. It's purely to monitor staff costs measured against the tech & hopefully, we'll see it scale. In theory, staff costs should stay the same or climb
slowly while GTV & revenue multiply.
Have a look at Q1 2022 compared to Q1 2024, there is around a 50% increase in staff cost. But look at the revenue, it's grown over 320%.
Wages.
The number of clients.
Which should generate more GTV.
Then revenues increase.
Below are comments from Amos about the revenue above.
I'm guessing revenues in Q2 2024 will be around $1.2M+.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading ForumFinally, the cash/commission in the coffers of W2V. Remember, there's a delay between GTV & cash receipts. So, cash receipts won't be recognised for another 3 - 12 months after the GTV is generated in Q1 2024. Some of the cash you see below in Q1 2024 could have been generated from GTV in Q1 2023.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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