Officially 16000 monthly active users. considering there’s only a maximum of 79 venues in which this app can be used this is an average of 202 monthly active users per venue.
We have over 6000 bars/clubs in Australia alone. So if we consider that and spread the average over 6000 it would look more like 202x6000=1212000 monthly active users
Now if we add the over 66000 bars and clubs in the US it would more like 14544000 monthly active users.
I understand that maybe every venue may not want to take part in this and that the customer bases differentiate between a city bar and a country bar. That is why I have not added in all the other considerable factors such as potential users from train lines, stadiums, other country’s etc.
IMO at this early stage this is traction, and I dare say current participating venues will be impressed.
THD Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
