20c Target, page-97

Think its worth bringing some fundamental discussion back to the forefront and this thread is worth bringing back to life as there are some great fundamental discussions here, especially useful for newcomers like me who have only caught on to VPC.

Just to add to the already extensive fundamentals discussion

- According to the Australian Bureau of Statistic as at June 2014 there were 2,100,162 businesses actively trading in Australia

- Employers across all Australian states and Territories are obligated to provide a 'Duty of Care' to their employees to ensure that employees safety/well being are safeguarded. Employers must provide sufficient instructions and training so that the employees can properly perform their jobs & responsibilities failure to provide sufficient instructions/training can lead to significant action/penalties against the employer.

- Lots to look forward over the next few months based on the below slide Q3 (Jan/Feb/March)

- Based on the ABS stats 2.1m businesses that actively operate in Australia it would be safe to say majority of those would fall under the SME bracket. Expansion in to this market will take this company to a new level as it will allow the company to tap a much larger pool of clients which from VPC angle will be volume based instead of dollar size.

- Assuming VPC goes after a 5-10% of the 2.1m businesses that actively trade in Australia, we are looking at a potential client base of 105k to 210k which again assuming the company base their pricing model similar to that of Xero charging a monthly subscription fee of approximately $50 the potential monthly earnings for the company could range between$5m to $10m annualised that's $60m to $120m

- Unlike accounting systems there are far and few cloud based online training platform providers, other providers in the market currently cater to a whole different sector/specialty to that of VPC.