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4.6¢ veris limited

Great breakdown but is the only reference to $95 per hour the...

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foxgold

61 Posts.

3

23/05/20

11:38

Post #: 44791527
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Originally posted by jamesworrell: ↑

Surveyor - $90k (say) + super @ 75 hour fortnight @ 48 weeks a year @ 85% recovered (in your dreams!) = ~ $65 per hour
Vehicle - $50k over 5 years = $6 per hour
Vehicle Running @ 85km per day @ $0.60 per km + $1.5k insurance + $900 rego = ~ $15k = ~$8 per hr (prob little light)
Survey Gear - $60k over 5 years (avg - on the VERY light side - a scanner will run you $100k without trying - could easily double this) = ~$7 per hour
Computer @ $4k every 3 years = ~ $0.75 per hour (again light when you look at the software/data we run)

= ~ $90 per hour - and this is for a junior doing standard work. Chuck a scanner into the mix and you blow this quickly.

Not to mention: Insurances + Office Space + IT Back Office + Admin + Comms + Payroll Tax + Software + Searches + Electricity + plus plus ..

No one makes money at $95. Double it and you are getting close to what it really takes to turn a profit.

Too many firms in a race to the bottom.

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Great breakdown but is the only reference to $95 per hour the previous post? I can't see them selling services at that price. If they are then you are right they will be going backwards very quickly when the billable utilisation goes down which it surely will in this economic climate

VRS Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.6¢		Change 0.002(4.55%)		Mkt cap ! $23.42M

Open	High	Low	Value	Volume
4.6¢	4.6¢	4.6¢	$22.55K	490.2K

Buyers (Bids)

No.	Vol.	Price($)
1	9749	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	9749	0.046
2	53311	0.044
2	496190	0.042
1	64538	0.041
1	75000	0.040

Price($)	Vol.	No.
0.050	100000	1
0.051	18456	1
0.054	50000	1
0.055	150000	1
0.062	100000	1

Last trade - 14.57pm 29/08/2024 (20 minute delay)

VRS (ASX) Chart