In November last year the company stated we would need 35000 paying subscribers to breakeven. If we are the fastest vpn and also offer data savings 35000 subscribers is a very small number to achieve considering the amount of people using vpns right now. I get that the app hasn't been released and proven yet but do the maths on 200000 paying subscribers at $60 a year each for a 20m market cap company. This is still a spec stock but could be a massively profitable company very soon if they get it right.
Ann: Wangle VPN App to Become Fastest & Most Secure on AU Market, page-90
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
