If we continue our existing revenue and the revenue for this acquisition stays the same, we are looking at $15.9Million in revenue a year. Less our current expenses ($6.4Million a year) and the staff costs of the other business (including the 20% kick back over 3.5 years - $4.3Million a year and $1.6Million a quarter staff) would bring us to approximately $5.2 Million a year in revneue - excluding the DataFlex / Aktay money and further increase in our existing sales pipeline with TATA, Verizon SMART etc.
Now add in the this new platform will be integrated with our existing platform technology’s and be launched in ALL regions we are located which adds another 500 Million est to the acquisition audience could double the revenue from the business venture.
I think you’re trying to flip the wrong pancake JJ.
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- Ann: Syntonic proposes to acquire Brazilian business unit
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Ann: Syntonic proposes to acquire Brazilian business unit, page-5
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BEST (and easiest) buy on the ASX at the minute... imo... -
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If you say that something is probably true, you think that it is likely to be true, although you are not sure. You probably won't understand this word.
I think you should state that this is your unsubstantiated opinion only, cheers -
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Very Pleasantly surprised by the announcement
Clearly there are synergies to be had between the 2 platforms as well as now having a much more complete offering to the Telco community.
As @Jimjamzzz stated the Zenvia mobile commerce business is cash-flow negative for now, but I don't think by that much.
Brazil is a key mobile market & its good to see Syntonic get a significant foot in the door at what quite frankly is small change in $ terms in the whole scheme of things.
So we really should hit the ground running in a fast expanding mobile payment market.
Oh & "Contribution Margin" is net revenue minus media marketing expenses @Jimjamzzz so I think your earlier comments are a bit miss placed.
Well done the Syntonic team
LOTM
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