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Tekvest

14,903 Posts.

1669

12/02/23

13:29

Post #: 66202019
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Originally posted by Treba: ↑

@Tekvest

Based on $50million in expenses (what Nandan spent this year as he has basically been there a year) and 2.2% margin then Splitit will "breakeven, "become profitable," or be "running at a small loss" at an MSV of $2.3billion.

Can you argue with that basic statement?
Its basic maths.
Interpreting/converting statements into mathematical equations is apart of primary school education and what was done with Ben Malones statement....the CFO.

Primary school example for you...
If little Nandan spent $50million in his first year and his business receives 2.2% margin of MSV as revenue, how much MSV does little Nandan need to process to "breakeven" the next year if expenses and margins remain the same.

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As an addendum to this: if this company, which has about $12 mil income each year, grew its income to $50 mil per year and maintained its expenses at $50 mil per year, you as a shareholder would be content? (Representing just under $2.3 bil MSV, as opposed to last year's almost $500 mil)

SPT Price at posting: 19.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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