ISX need to be targeting 50% growth in transaction numbers...qtr on qtr.
If they can pull it off they'll be cash flow neutral in 9 months or end of Q1 2018/19 FY. Based on the per transaction fees, I reckon about 5,400,000 transactions per quarter is the point where ISX starts to wipe its own face.
Looking further ahead (with 50% growth qtr on qtr):
@ 8,100,000 transactions per qtr (Q2 2019) = $2.6 mil revenue (AUD)
@12,150,000 transactions per qtr (Q3 2019) = $4 mil revenue (AUD)
@18,225,000 transaction per qtr (Q4 2019) = $6 mill revenue (AUD)
The company must believe numbers like these are imminently achievable!!
We all invested in ISX's for its potential explosive and unquantifiable upside...this potential still exists IMO. Unfortunately, the wind up to full service delivery has been too pedestrian for my liking and this is my main criticism of the company.
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