If we go back ten years (when the AU population was 23.5m), CCV had 550k cash advance active customers. Australia has 26m people today. Their prospectus touted a TAM of 5.3m people. I would certainly think they would have expectations of taking significantly more than 5% of that potential user base.
But you highlight a good point and one that makes me hesitate with this company: How do they grow the user base while maintaining these unit economics? It feels as though the push into other products is because they're not quite sure how to answer that question.
- Forums
- ASX - By Stock
- B4P
- Ann: Q3FY24 Quarterly Activities and Appendix 4C Cash Flow Report
Ann: Q3FY24 Quarterly Activities and Appendix 4C Cash Flow Report, page-9
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add B4P (ASX) to my watchlist
(20min delay)
|
|||||
Last
60.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.54M |
Open | High | Low | Value | Volume |
60.5¢ | 60.5¢ | 60.5¢ | $2.727K | 4.507K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6810 | 60.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 2146 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6810 | 0.600 |
1 | 19132 | 0.595 |
1 | 1709 | 0.585 |
1 | 2895 | 0.565 |
1 | 9174 | 0.545 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 2146 | 1 |
0.635 | 5092 | 1 |
0.695 | 1659 | 1 |
0.700 | 1068 | 1 |
0.710 | 2836 | 1 |
Last trade - 12.15pm 31/07/2024 (20 minute delay) ? |
Featured News
B4P (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online