If we assume from the integration of limepay in Q1, even though it wasn't but for this scenario lets include it
So, if we include, we have a base PV of $108m for theQ1, now in Q2 we had a 30% increase in PV which was $30m just for the Q
Now we know from the announcements that the DSD - ecommerce transactions started in December, Now the DSD - ecommerce is the digital marketplace for members to purchase directly from the suppliers.
The DSD is the trade account for members to make purchases, members who take up the SS charge it to their trade account and suppliers who are integrated onto the DSD get charged as well
members SS = $90 ex GST suppliers collectively and growing =$100k a month
So, if i am right and members transactions have started to flow via the DSD ecommerce platform then we should safely assume the PV will grow quite aggressively over time
If we maintain a healthy growing Margin rate of around 2.5% historically then we should each Q cash rec's grow accordingly
The question I suppose is if our margin rate is around the 2.5% mark what PV is needed to be CF+, but also when all suppliers are onboard (3000) then what happens then when on average $310m a month is being processed via the ecommerce suite built into the DSD.
Anyway, that's why i am in spenda for the payments the rest like SAAS fees is like icing on cake
Have a great day
SPX Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)