Ann: EN1 13% Programmatic Revenue Growth 2018 Audited Financials, page-99

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02/04/19

16:41

Post #: 37966761
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Originally posted by EnderGame ↑

You are right with the use of "incremental". In this case I will say that A$28K is a daily average total.

- "Incremental revenue from cash deployed is currently approx.USD$20k or ~AUD$28k per day"
- "Near-term scale potential for these restarted publishers is approx.USD$30k or ~AUD$42k per day"

Yesterday's announcement on the 1st April supported the 2nd statement above.
- "EN1’s recent daily programmatic revenue average over the past 7days has scaled to greater than US$28k / day (~A$40k)"
- "Near-term scale potential previously estimated at US$30k(~A$42k) per day now is reset +25% to US$37.5k (~A$52k"

From the 2nd statement yesterday we should be able to to see confirmation of the A$52K at the next announcement.

From March 18 there was also a statement " EN1 expects to be in full volume capacitywith all publishers within the next 30 to 60 days. In the interim, revenue contribution fromthese activations is currently about USD$20k or AUD$28k per day,"
So A$52K is full capacity.

What is unknown and it may be too early to tell are things like the average monthly rate. I would presume that the average from month to month will fluctuate depending on peak times like xmas, easter, sporting events. In a 12 month cycle revenue should increase in these periods and average out lower revenue periods.

In any case if these indicators of A$40K - A$52K per month is a typical monthly revenue then EN1 is looking very promising, and may well become profitable by Q4 at the end of the year.

Expand

Cheers EG for bringing the announcements all together. At these rates (if sustainable) I’d say we hit CFP during Q2. Huge upside imo as they “activate” more publishers and now with the funds to do so the numbers get serious. Inflection point I think they call it.

EN1 Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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