Crunching some numbers on the June 16 Qtly, I'm still trying to understand the Revenue generation from other Business units, according to June Qtr 2016 Gross Revenue was $180,000 and $83,000 from New Renter Reg, so "standard DMC" chipped in $263,000. However we booked $427,000 for the qtr.
DMC ratio of 61% (however we did receive a 1 off payment for 3rd party license).
So to confirm this I reviewed the March Qtr Gross Revenue which was $147,000 and $89,300 from New Renter Reg, so DMC chipped in $236,300. However we booked $390,000 for the qtr.
DMC ratio of 60% (my assumption then is 1% one off payment from 3rd party license)
So where is the other 40% of the revenue coming from or $164,000
- 1 off fee for 3rd Party license (this was assumed small) $20,000
- Manage My Car service could be 20% of the RTV or about $80,000
- Rentoid $56,000
- MyCaravan $8,000
According to this breakdown ManageMyCar is a good money earner for the business, and with more corporate vehicles coming on line might just grow handsomely.
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Crunching some numbers on the June 16 Qtly, I'm still trying to...
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