Of course the size and sustainability of the current competing players is a challenge to figure out with most being private companies. If CVCheck is making a loss at $40.82 (ex GST) unit price for their main product and revenue driver then the others being non-public companies with perhaps a lower cost basis would have slim margins at best.
The only thing to go by is a few notes on the web:
http://www.smartcompany.com.au/list...50-awards-2015/48752-39-national-crime-check/
http://policecheckexpress.com.au/about/
National Crime Check: $4M rev in 2014-2015, so let's estimate 87,000 checks/year
CVCheck: $2.8M in 2014-2015 so around 60,000 check/year.
PoliceCheckExpress: 80,000 checks/year
CVCheck is now doing a quite a lot more checks a year but I'd say this is due to the huge advertising campaign that is unsustainable, the market retention is fickle as the individual will probably just google again 3 years later when they get a new job.
Trying2BSavvy --> as far as acquiring big competitors, I'd say they'd have trouble doing a CR to acquire SEEK - who have created https://certsy.com/ (thanks fasterwater)
Strangely TripleC and CVCheck mentioned being the next realestate.com.au, carsales.com.au and seek.com.au in the IPO and now they're competing directly against one of their idol companies.
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