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3.5 million customers, page-43

  1. 613 Posts.
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    Good find Thermo. Divan has increased subscribers by 470,000 per year approx from 2013-2015. They became profitable in Q4 2014 with revenue up 128% to US 600,000 (700,000 subs). Now reported 1.5 million subs plus the potential to reach another 2 million. Lets assume they can conservatively attain 20% from the Dune deal. that's another 400,000 subs.
    What is hard to factor in is the growth from smart TV's which has recently been announced that Divan is available on no less than 6 major manufacturers, without downloading an app. Considering an estimated 44% of TV's sold in the region this year are smart TV's and predict 57% next year bodes well seeing the majority of Divan.TV users (70%) access the service on smart TVs. Another positive for increased revenue is recently expanded availability of the smart TV app globally to 200 territories. Add in recent addition of a porn channel provides more scope to get bums on seats.
    So you can do the maths based on known figures for revenue as a minimum but the upside is the unknown from what I've stated plus more exposure through acquisitions or partnerships. Looks good if take up is there.
 
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