All Time High, page-43

First 43 Last

Share
Profile

Follow
Shammy19

125 Posts.

24

08/10/20

23:29

Post #: 47959692
Share

Originally posted by shioshin90: ↑

Hey Shammy,

Its hard to really put a number on how much they charge each client besides the original contract value they report. Using FMG as an example could give some guidance. From memory, they invoice FMG for over $1m a year and from the interviews, this is still growing. So clients like RIO, Newcrest or similar size, it wouldn't be too much to expect around $1m per year (at least) if they do their job right.

K2F had $1.8m of revenue last quarter, and in an interview they said their SaaS revenue is about 50%-60% of total revenue. So you're looking at around $900k-$1m of quarterly SaaS revenue. FMG being $1m a year which equals $250k a quarter, all the other clients they have are splitting the rest of the $750k. As you can see, huge upside to be secured in the future.

The oil and gas industry has also been mentioned in the last few interviews, although they have said they aren't looking at that yet but will do in the near future. I think they're really focusing on the tailing side of things at the moment.

There's a lot to look forward to, I'm in it hoping they can do what they have set out to do. The big picture they've drawn isn't like most other micro caps saying ie. we are in a $60 billion industry blah blah. K2F's plan has substance and they have actual steps that they are making to get to that goal.

Good luck to all

Expand

Exactly what i was looking for. 10-15 clients on $1m p.a SAAS contracts really starts to paint a nice picture.

Thanks!

K2F Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

AI stocks: What to expect in 2024-25

There are more pages in this discussion • 2 more messages in this thread...

First 43 Last

Add K2F (ASX) to my watchlist

(20min delay)
Last 18.3¢		Change -0.003(1.35%)		Mkt cap ! $34.24M

Open	High	Low	Value	Volume
18.5¢	18.5¢	18.3¢	$35.87K	195.2K

Buyers (Bids)

No.	Vol.	Price($)
23	11588293	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	1866754	24

View Market Depth

No.	Vol.	Price($)
23	11588293	0.180
2	750000	0.175
2	350000	0.170
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.185	1866754	24
0.190	841058	8
0.195	56334	3
0.210	15912	3
0.000	0	0

Last trade - 15.08pm 16/07/2024 (20 minute delay)

K2F (ASX) Chart

All Time High, page-43

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

Bryah gains $408K government rebate for work on copper target Narracoota

AI stocks: What to expect in 2024-25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

All Time High, page-43

Top Stories

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

Bryah gains $408K government rebate for work on copper target Narracoota

AI stocks: What to expect in 2024-25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News