"Partners" have proven to be consistently short on supply. Such a risky proposition to build the business solely on that non guaranteed supply.
Say we bought 100 Hyundai Tucsons vehicles @ $25,000 each ($2.5m @ 10% interest rate =$250,000 interest p/y). I would say our OEM's of Hyundai and Subaru etc would look more favorable on dealing with us if we purchased vehicles too.......
I'm interested to know how the subscription pricing model would pay for that?
My assumption:-
They rent for $231p/w currently on the Carly platform, I assume CL8 would receive maybe $100 p/w and the vehicle owner $131 p/w currently.
Now if the vehicles were CL8's we'd receive an additional $131 p/w times 100 vehicles over 40 weeks per year rented is $524,000 of additional revenue. Looks too easily pay the interest on the vehicles IMO???,
Plus you'd be making an additional $100p/w times 100 vehicles over 40 weeks for the base business.
You now control your supply channel and can angle demand to rent your vehicles as a priority to improve the rental return beyond 40 weeks a year.
So based on the above over 40 weeks you've increased your revenue by $924,000 p/y with a repayment cost of $250,000 p/y.
- Forums
- ASX - By Stock
- CL8
- Ann: AGM Investor Presentation
Ann: AGM Investor Presentation, page-35
-
- There are more pages in this discussion • 8 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 CL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.22M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $131 | 10.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12946 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12946 | 0.012 |
2 | 740909 | 0.011 |
5 | 900000 | 0.010 |
1 | 120000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 25000 | 1 |
0.014 | 983 | 1 |
0.015 | 50000 | 1 |
0.018 | 848000 | 2 |
0.019 | 505399 | 2 |
Last trade - 12.09pm 28/06/2024 (20 minute delay) ? |
Featured News
CL8 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online