Ok I have finally had time to dissect the quarterly report.
- In late September 2021, VN8 released an update showing monthly revenue. 2.25m monthly revenue x 12 months = 27m Annual revenue.
- Now we can see the half year revenue. 14.94m x 2 = 29.88m Annual revenue.
- We should see statutory revenue of over 30m for FY22 as VN8 integrate Voitek revenue and generate new sales.
One thing they keep mentioning in their market announcements are the cross-sell opportunities. I am invested in multiple companies using this strategy. They report on how much revenue is attributable to cross-selling in their half/full year results.
I hope in the future VN8 will report on this so we can determine the percentage of revenue attributable to cross-selling. If management can execute this strategy we are looking at some impressive revenue growth while limiting customer acquisition cost.
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- Ann: December Quarterly Update & Appendix 4C
Ann: December Quarterly Update & Appendix 4C, page-5
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