Good point on the churn rate:
two things; if churn is 4.3% , annualized at 50%, does it imply Viva loses half of its members each year? Also the churn rate was for 2019 when covid struck, do we have the latest numbers?
Assuming the 50% drop in membership is correct, the memberships should decline every year, but its not the case , it actually increases. New clubs contribute to increased memberships but still the raise in membership is only possible when viva intakes 60 to 70 member for every 50 lost and on a consistent basis from 2019. Also FY 22/23, has a full year without any covid restrictions, lets see the membership data in the next update.
Good to have insightful discussions?
News: VVA Viva Leisure Says FY23 Guidance Is Reaffirmed, page-11
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.32 |
Change
0.010(0.76%) |
Mkt cap ! $133.2M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.32 | $27.34K | 20.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11581 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 1328 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| VVA (ASX) Chart |