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.
VN8 Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
